CU Staff
Summary: CFPB Bulletin 2020-02 “Compliance Bulletin and Policy Guidance: Handling of Information and Documents During Mortgage Servicing Transfers”
Summary: CFPB Bulletin 2020-02 “Compliance Bulletin and Policy Guidance: Handling of Information and Documents During Mortgage Servicing Transfers” 12 CFR Part 1024 The Consumer Financial Protection Bureau (CFPB) Prepared by...
Summary CFPB Bulletin 2020-01
CFPB Bulletin 2020-01 March 2020 Responsible Business Conduct: Self-Assessing, Self-Reporting, Remediating and Cooperating In 2013, the Bureau issued a Bulletin that identified several activities that individuals/businesses could engage in that...
FRB Issues Rule Allowing Credit Unions to Remove the Monthly Limit on Savings Withdrawals
20-RA-02 Federal Reserve Board Issues Rule Allowing Credit Unions to Remove the Monthly Limit on Savings Withdrawals May 2020 NCUA has issued guidance to credit unions on issues related the...
Working with Borrowers Affected by the COVID-19 Pandemic
Letter to Credit Unions 20-CU-13 Working with Borrowers Affected by the COVID-19 Pandemic April 2020 On April 7, 2020, federal regulators issued a revised interagency statement on loan modifications and...
Outreach Related to COVID-19 Impact
Letter to Credit Unions 20-CU-12 Outreach Related to COVID-19 Impact April 2020 NCUA issued this LTCU to notify credit unions about an NCUA outreach initiative in which NCUA examiners will...
Regulatory Treatment for Paycheck Protection Program Loans
Letter to Credit Unions 20-CU-11 Regulatory Treatment for Paycheck Protection Program Loans April 2020 NCUA issued LTCU 20-CU-11 to discuss the agency’s recently published interim final rule related to the...
Temporary Final Rule Loan Participations
NCUA Temporary Final Rule: Parts 722 & 741.203 Loan Participations FCU Eligible Obligations FCU Occupancy Prepared by NASCUS Legislative & Regulatory Affairs Department April 2020 NCUA has published a Temporary Final Rule...
Enhancements to CLF Membership & Borrowing Authority
Letters to Credit Unions 20-CU-08 Enhancements to CLF Membership & Borrowing Authority April 2020 NCUA’s LTCU 20-CU-08 provides credit unions information about changes to the Central Liquidity Facility (CLF) as a...
Cybersecurity Considerations for Remote Work
NCUA Risk Alert: 20-Risk-01 Cybersecurity Considerations for Remote Work April 2020 Common cybersecurity risks for remote workers include Malware attacks, Phishing and other social engineering attacks, and Advance Persistent Threat (APT)...
Interim Final Rule: Part 725 Central Liquidity Facility
NCUA Interim Final Rule: Part 725 Central Liquidity Facility Prepared by NASCUS Legislative & Regulatory Affairs Department April 2020 NCUA has published an Interim Final Rule (IFR) making changes to...
Part 704 Corporate Credit Unions
NCUA Proposed Rule: Part 704 Corporate Credit Unions Prepared by NASCUS Legislative & Regulatory Affairs Department April 2020 NCUA is proposing changes to Part 704, the Corporate Credit Union Rule. The...
Residential Appraisals Threshold Increase & Other COVID-19 Related Relief Measures
Letters to Credit Unions 20-CU-10 Residential Appraisals Threshold Increase & Other COVID-19 Related Relief Measures April 2020 NCUA issued LTCU 20-CU-10 to provide information on regulatory relief provided by 2...