Corporate CU

Letter to Credit Unions: Submission for 2021 Voluntary Credit Union Diversity Self-Assessment Extended to January 31, 2022

LTCU: (22-CU-01): Submission for 2021 Voluntary Credit Union Diversity Self-Assessment Extended to January 31, 2022  January 2022 NCUA’s LTCU was issued to extend the deadline for credit unions to submit the...

Relationships with Third Parties that Provide Services Related to Digital Assets

LTCU: (21-CU-16) Relationships with Third Parties that Provide Services Related to Digital Assets December 2021 NCUA’s LTCU was issued to provide clarity about the already existing authority of federally insured credit...

2022 Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages)

21-RA-10 2022 Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages) December 2021 The  CFPB has published its Truth in Lending (Regulation Z) Annual Threshold...

Notice and Request for Comment Regarding the CFPB’s Inquiry into Big Tech Payment Platforms

CFPB-2021-0017: Notice and Request for Comment Regarding the CFPB’s Inquiry into Big Tech Payment Platforms Summary On October 21, 2021, the Consumer Financial Protection Bureau (CFPB) ordered six large technology...

Profile Database Results

How to get started: Select the dropdown preferences based on the section topic and the state(s) of interest,  then press “search.” Once the results pop up, use the “export” or...

Subordinated Debt Final Rule Effective January 1, 2022

LTCU: (21-CU-13) Subordinated Debt Final Rule Effective January 1, 2022  November 2021 NCUA’s LTCU was issued to reminder to FICUs that the final subordinated debt rule (NASCUS summary here) becomes effective on...

IRS’s Volunteer Income Tax Assistance Program Collaboration Opportunities

LTCU 21-CU-12 Internal Revenue Service’s Volunteer Income Tax Assistance Program Collaboration Opportunities  November 2021 Credit unions have until November 15, 2021, to contact the Internal Revenue Service (IRS) to inquire...

Final Rule Summary: FCU CUSOs

Final Rule Summary: FCU CUSOs (Parts 712) October 2021 Prepared by NASCUS Legislative & Regulatory Affairs Department NCUA has issued a final rule related to federal credit union (FCU) credit...

Final Rule Summary: CAMELS Rating System

Final Rule Summary: CAMELS Rating System (Parts 701, 703, 704, 713) October 2021 Prepared by NASCUS Legislative & Regulatory Affairs Department NCUA is updating the NCUA’s supervisory rating system from...

NCUA Risk Alert: Business Email Compromise through Exploitation of Cloud-Based Email Services

NCUA Risk Alert: 21-RISK-01 Business Email Compromise through Exploitation of Cloud-Based Email Services October 2021 NCUA issued Risk Alert 21-Risk-01 to provide credit unions a warning regarding a common Business Email...

Interagency Statement on LIBOR Transition

LTCU 21-CU-10 Interagency Statement on LIBOR Transition October 2021 NCUA issued LTCU 21-CU-10 to follow-up on Letter to Credit Unions 21-CU-03, LIBOR Transition (NASCUS summary here) and make credit unions...

Emergency Capita Investment Program

LTCU 21-CU-11 Emergency Capital Investment Program October 2021 NCUA issued LTCU 21-CU-11 to address the agency’s reconsideration of its position with respect to LICU ability to participate in the Treasury...