Credit Union

NCUA 2020 Regulatory Review

NCUA 2020 Regulatory Review Prepared by NASCUS Legislative & Regulatory Affairs Department February 2020 The NCUA’s Office of General Counsel maintains a rolling review schedule that identifies one-third of NCUA’s...

Subpart D to Part 708a Combination Transactions with Non-Credit Unions; Credit Union Asset Acquisitions  

NCUA Proposed Rule: Subpart D to Part 708a Combination Transactions with Non-Credit Unions; Credit Union Asset Acquisitions  Prepared by NASCUS Legislative & Regulatory Affairs Department February 2020 NCUA is proposing...

Other Supervisory Committee Audits

20-RA-01 Other Supervisory Committee Audits January 2020 In September 2019, NCUA published a final rule making changes to the Supervisory Committee regulations in Part 715. In the final rule, NCUA...

Summary: Proposed Rule re: Remittance Transfers Under the Electronic Fund Transfers Act (Regulation E)

Summary: Proposed Rule re: Remittance Transfers Under the Electronic Fund Transfers Act (Regulation E) 12 CFR Part 1005 The Consumer Financial Protection Bureau (CFPB) Prepared by the NASCUS Legislative &...

Supervisory Priorities for 2020

Letters to Credit Unions 20-CU-01 NCUA Supervisory Priorities for 2020 January 2020  NCUA has published a Letter to Credit Unions (LTCU) identifying the agency’s supervisory priorities for 2020. The LTCU...

Summary: Letters to Credit Unions No.: 19-CU-01 Supervisory Priorities 2019

Letters to Credit Unions No.: 19-CU-01 Supervisory Priorities 2019 January 2019 NCUA has published the first Letter to Credit Unions of 2019 to provide stakeholders an overview of the agency’s...

Summary: Letters to Credit Unions 19-CU-04 Use of Alternative Data in Credit Underwriting

Letters to Credit Unions 19-CU-04 Use of Alternative Data in Credit Underwriting December 2019 NCUA, FRB, CFPB, FDIC, and the OCC have issued a joint statement on the use of...

Summary: Final Rule re: Home Mortgage Disclosures Act’s (HMDA) Temporary Exceptions for Smaller Institutions

Summary: Final Rule re: Home Mortgage Disclosures Act’s (HMDA) Temporary Exceptions for Smaller Institutions 12 CFR Part 1003 Consumer Financial Protection Bureau Prepared by the NASCUS Legislative & Regulatory Division...

Summary: Second Chance IRPS

NCUA Final IRPS Summary Interpretive Ruling & Policy Statement 19-1 2nd Chance IRPS Prepared by NASCUS Legislative & Regulatory Affairs Department November 2019  NCUA has finalized its revisions to the...

Summary: Interpretive Rule re: Truth in Lending (Regulation Z) Screening and Training Requirements for Mortgage Loan Originators with Temporary Authority

Summary: Interpretive Rule re: Truth in Lending (Regulation Z) Screening and Training Requirements for Mortgage Loan Originators with Temporary Authority 12 CFR Part 1026 Consumer Financial Protection Bureau Prepared by...

Summary: Request for Information Regarding the Integrated Mortgage Disclosures under RESPA and TILA Assessment

Summary:  Request for Information Regarding the Integrated Mortgage Disclosures under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) Rule Assessment 12 CFR...

Summary: Executive Orders

NASCUS Summary Executive Orders E.O. 13891 Executive Order on Promoting the Rule of Law Through Improved Agency Guidance Documents; and E.O. 13892 Executive Order on Promoting the Rule of Law...