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Increases Reporting Thresholds Under HMDA

Regulatory Alert 20-RA-04 CFPB Increases Reporting Thresholds Under HMDA May 2020 NCUA’s Regulatory Alert discusses the May 12, 2020 CFPB final rule amending parts of Regulation C which implement the Home Mortgage...

NCUA Final Rule: Part 722 Appraisals

NCUA Final Rule: Part 722 Appraisals Prepared by NASCUS Legislative & Regulatory Affairs Department May 2020 NCUA has published a final rule amending Part 772 regarding appraisals for certain residential...

Establishment of CLF Agent Memberships

Letter to Credit Unions 20-CU-14 Establishment of CLF Agent Memberships May 2020 NCUA issued LTCU 20-CU-14 to announce that all 3,700+ credit union with assets less than $250 million may...

NCUA Interim Final Rule: Parts 702 & 723 PPP Loans & PCA and MBL         

NCUA Interim Final Rule: Parts 702 & 723 PPP Loans & PCA and MBL Prepared by NASCUS Legislative & Regulatory Affairs Department May 2020 NCUA issued this interim final rule (IFR) to...

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...