CU Staff

Summary: Proposal to Delay the Mandatory Compliance Date of QM Definition Final Rule

Summary: Proposal to Delay the Mandatory Compliance Date of QM Definition Final Rule 12 CFR Part 1026 Prepared by the Legislative and Regulatory Affairs Division  March 2021   The Bureau...

Summary: Joint Ownership Share Accounts

Final Rule Summary: Joint Ownership Share Accounts (Part 745) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA has issued a final rule amending its rules regarding what...

Summary: Corporate Credit Unions

Final Rule Summary: Corporate Credit Unions (Part 704)                      Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA has...

NCUA 2021 Regulatory Review

Summary: NCUA 2021 Regulatory Review Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021 The NCUA maintains a rolling review schedule that identifies 1/3 of the agency’s existing regulations...

NCUA Regulatory Alert 21-RA-04 HMDA Data Collection Requirements for Calendar Year 2021

21-RA-04 HMDA Data Collection Requirements for Calendar Year 2021 February 2021 NCUA Regulatory Alert 21-RA-04 to provide additional HMDA filing information for credit unions meeting the following criteria and subject...

Recording of Jan. 25, 2021 Solar Winds Breach Webinar (Members only)

Recording of Jan. 25, 2021 Solar Winds Breach Webinar (members only) Click here to access the recording of the Jan. 25, 2021 webinar focusing on the Solar Winds/Orion hacking. The...

NCUA Risk Alert 21-RA-03: Submission of 2020 Home Mortgage Disclosure Act Data

21-RA-03 Submission of 2020 Home Mortgage Disclosure Act Data February 2021 NCUA Regulatory Alert 21-RA-03 informs credit unions subject to HMDA reporting requirements in calendar year 2020 that loan/application data...

NASCUS Summary: NCUA Risk Alert 21-RA-02 — CFPB Publishes 2021 Threshold Adjustments Under Regulation C, Regulation Z and Regulation V

21-RA-02 CFPB Publishes 2021 Threshold Adjustments Under Regulation C, Regulation Z and Regulation V NCUA issued Regulatory Alert 21-RA-02 to inform credit unions on the CFPB’s threshold adjustments to Regulations...

Summary: Answers to Frequently Asked Questions Regarding Suspicious Activity Reporting and Other Anti-Money Laundering Considerations

Summary: Answers to Frequently Asked Questions Regarding Suspicious Activity Reporting and Other Anti-Money Laundering Considerations Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021   On January 19, 2021,...

Summary: CFPB Seasoned Qualified Mortgage Loan Final Rule

CFPB Summary re: Seasoned Qualified Mortgage Loan Final Rule 12 CFR Part 1026 Prepared by the Legislative and Regulatory Affairs Division February 2021   The CFPB is issuing this final...

Summary: Request for Information, NCUA Communications & Transparency

Request for Information: NCUA Communications & Transparency Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is seeking comments and information on how the agency can improve its communications...

Proposed rule, CUSOs (part 712)

Proposed Rule Summary, Part 712, CUSOs Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is proposing to amend its credit union service organization (CUSO) regulation with the intention...