CU Association
Final Rule Summary: Public Unit and Nonmember Shares
NCUA Final Rule Summary Part 701 and Part 741 Public Unit and Nonmember Shares Prepared by NASCUS Legislative & Regulatory Affairs Department November 2019 NCUA has published a final rule...
Summary: Final Rule Part 715 Supervisory Committee Audits and Verifications
NCUA has published a final rule amending its rules regarding required audits and account verifications for federally insured credit unions. NCUA’s audit rules are found in NCUA’s Rules and Regulations Part 715. For federally insured state credit unions (FISCUs), Part 715 is referenced in Parts 741.6 and 741.202.
NASCUS Summary: Exceptions to Employment Restrictions
NASCUS Summary Proposed IRPS 19-1 Exceptions to Employment Restrictions Under Section 205(d) of the FCUA (‘‘Second Chance IRPS’’) Prepared by NASCUS Legislative & Regulatory Affairs Department September 2019 NCUA is...
Final Rule Summary: Part 713 and Part 704 Fidelity Bond Coverage (741.201)
Final Rule Summary Part 713 and Part 704 Fidelity Bond Coverage (741.201) Prepared by NASCUS Legislative & Regulatory Affairs Department August 2019 NCUA has finalized amendments to Part 713 and...
Summary: NCUA Interim Hemp Guidance
19-RA-02 Serving Hemp Businesses August 2019 NCUA has issued “interim guidance” for credit unions interested in serving the legalized hemp industry. The guidance will be updated as needed as necessary...
2022 NASCUS Member Reception
NASCUS Annual Members’ Reception Date: Tuesday, March 1, 2022 Time: 5:00 pm to 7:00 pm Location: Marriott Marquis Hotel University of District of Columbia Room Washington D.C. RSVP by February...
Summary: NCUA Proposal, Call Report Modernization
Summary: NCUA Proposal, Call Report Modernization March 2018 NCUA is continuing its initiative, begun in 2016, to update and modernize the 5300 Call Report for credit unions. NCUA has proposed changes that...
Summary: NCUA Proposed Changes to its Bylaws for Federal Credit Unions (FCUs)
Summary: NCUA Proposed Changes to its Bylaws for Federal Credit Unions (FCUs) April 2018 The NCUA Board has issued an advance notice of proposed rulemaking (ANPR) to FCUs soliciting comments...
Summary: Accuracy of Advertising and Notice of Insured Status
Final Rule Summary: Accuracy of Advertising and Notice of Insured Status Prepared by NASCUS Legislative & Regulatory Affairs Department April 2018 NCUA has amended Part 740, its advertising rule, to provide...
Final Rule Summary: NCUSIF Equity Distributions
Final Rule Summary: NCUSIF Equity Distributions Prepared by NASCUS Legislative & Regulatory Affairs Department April 2018 NCUA has promulgated a final rule amending the regulations for calculating credit unions’ pro rata...
Summary: NCUA Proposed Rule Payday Alternative Loans
NCUA Proposed Rule Payday Alternative Loans Summary Prepared by NASCUS Legislative & Regulatory Affairs Department May 2018 NCUA is proposing to allow federal credit unions (FCUs) to offer an additional...
Summary: Involuntary Liquidation of FCUs
Final Rule Summary: Part 709, Involuntary Liquidation of FCUs and Claims Procedures Prepared by NASCUS Legislative & Regulatory Affairs Department June 2018 NCUA is amending part 709 of its rules...