CUSO

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...

Temporary Regulatory Relief in Response to the COVID-19 Pandemic

Letters to Credit Unions 20-CU-09 Temporary Regulatory Relief in Response to the COVID-19 Pandemic April 2020 NCUA’s guidance reviews actions the agency has taken to provide “temporary regulatory relief” to...

NASCUS L&R Committee CARES Act Teleconferences Recordings and Transcripts

NASCUS hosted two Legislative and Regulatory Committee calls, featuring attorneys from the Washington law firm Venable LLP on April 10 and April 15.  Questions from state regulators, credit unions, and state leagues related to operating during the COVID-19 crisis were answered.  

Coronavirus Aid, Relief, and Economic Security (CARES) Act

Letters to Credit Unions 20-CU-07 Summary of the Coronavirus Aid, Relief, and Economic Security (CARES) Act April 2020 NCUA published LTCU 20-CU-07 to summarize HR 748, the Coronavirus Aid, Relief, and Economic...

Loan Programs to Help Small Businesses and Members During the COVID-19 Pandemic

Letters to Credit Unions 20-CU-06 Loan Programs to Help Small Businesses and Members During the COVID-19 Pandemic April 2020 NCUA’s LTCU 20-CU-06 provides credit unions information on the SBA’s Payroll Protection...

Offsite Examination and Supervision Approach

Letters to Credit Unions 20-CU-05 Offsite Examination and Supervision Approach March 2020 NCUA issued LTCU 20-CU-05 to outline for credit unions the agency’s approach to examination and supervision during the...

Responsible Small-Dollar Lending in Response to COVID-19

Letters to Credit Unions 20-CU-04 Responsible Small-Dollar Lending in Response to COVID-19 March 2020  NCUA issued LTCU 20-CU-04 to alert credit unions that NCUA and the other federal financial regulators...

Identification of Essential Critical Infrastructure Workers During COVID-19

Letters to Credit Unions 20-CU-03 Identification of Essential Critical Infrastructure Workers During COVID-19 March 2020 NCUA released LTCU 20-CU-03 to provide credit unions information on identifying and credentialing essential employees...