Corporate CU

NCUA’s 2025 Supervisory Priorities Summary

Letter to Credit Unions 25-CU-01: NCUA’s 2025 Supervisory Priorities NASCUS Legislative and Regulatory Affairs January 8, 2025 On January 7, 2025, the NCUA issued Letter to Credit Unions 25-CU-01 outlining the...

CFPB Circular Summary: Design, marketing & administration of credit card rewards programs

NASCUS Summary re: CFPB Circular 2024-07: Design, marketing and administration of credit card rewards programs December 18, 2024 The Bureau issued CFPB Circular 2024-07 to answer the following question –...

CFPB Executive Summary on Residential PACE Financing Final Rule

NASCUS Summary re: CFPB Executive Summary on Residential PACE Financing Final Rule December 2024 The Consumer Financial Protection Bureau (CFPB) issued a final rule on Residential Property Assessed Clean Energy...

CFPB Executive Summary on Overdraft Lending Fees

NASCUS Summary re: CFPB Executive Summary on Overdraft Lending Fees December 2024 The Consumer Financial Protection Bureau issued a final rule that amends Regulation Z and E to ensure that...

Summary: Agencies Issue Guidance on Elder Financial Exploitation

Agencies Issue Guidance on Elder Financial Exploitation December 18, 2024 On December 4, 2024, the six federal banking agencies and the state financial regulators issued a statement titled “Interagency Statement...

Summary: 24-CU-03 Consumer Harm Stemming from Certain Overdraft and Non-Sufficient Funds Fee Practices

NCUA Letter to Credit Unions 24-CU-03 Consumer Harm Stemming from Certain Overdraft and Non-Sufficient Funds Fee Practices NASCUS Legislative and Regulatory Affairs Department December 10, 2024 The NCUA Board has...

CFPB Executive Summary on Personal Financial Data Rights Final Rule

NASCUS Summary re: CFPB Executive Summary on Personal Financial Data Rights Final Rule Nov 2024 The Bureau issued a proposed rule and request for comments in October 2023 regarding implementation...

NCUA Summary: Letter to Credit Unions — Board of Director Engagement in Cybersecurity Oversight

NCUA Summary Letter to Credit Unions 24-CU-02 Board of Director Engagement in Cybersecurity Oversight NASCUS Legislative and Regulatory Affairs Department October 22, 2024 The NCUA Board has issued its second...

NCUA Summary: Fair Hiring in Banking

National Credit Union Administration: Fair Hiring in Banking NASCUS Legislative and Regulatory Affairs Department October 4, 2024 On September 19, 2024, the NCUA Board unanimously approved a final rule codifying...

Summary of the NCUA Final Rule: Simplification of Share Insurance Rules

National Credit Union Administration: Simplification of Share Insurance Rules NASCUS Legislative and Regulatory Affairs Department October 4, 2024 On September 19, 2024, the NCUA Board unanimously approved a final rule...

CFPB Proposed Rule: Remittance Transfers under the Electronic Fund Transfer Act (Regulation E)

NASCUS Summary re: CFPB Proposed Rule/Request for Comments on Remittance Transfers under the Electronic Fund Transfer Act (Regulation E) 12 CFR Part 1005 The Consumer Financial Protection Bureau (CFPB) proposes...