SSA Senior Staff
Summary: RFI Strategies for Future Examination & Supervision Utilizing Digital Technology
NCUA Request for Information (RFI): Strategies for Future Examination & Supervision Utilizing Digital Technology Prepared by NASCUS Legislative & Regulatory Affairs Department July 2020 Summary NCUA has published a Request for...
Part 745 (741.212 FISCUs)
NCUA Proposed Rule: Part 745 (741.212 FISCUs) Joint Accounts Prepared by NASCUS Legislative & Regulatory Affairs Department June 2020 NCUA is proposing to amend its share insurance regulations, Part 745, related...
Field of Membership Rural Districts
Letter to Credit Unions 20-CU-21 Field of Membership Rural Districts July 2020 As a result of the SCOTUS (Supreme Court of the United States) denial of the ABA appeal of...
Phased Approach to On-site Operations
Letter to Credit Unions 20-CU-20: Phased Approach to On-site Operations June 2020 NCUA issued LTCU 20-CU-20 to inform stakeholders of NCUA’s current “multi-phase transition plan” for resuming its normal on-site operations...
Additional Guidance Regarding Servicing Hemp-Related Businesses
Letter to Credit Unions 20-CU-19: Additional Guidance Regarding Servicing Hemp-Related Businesses June 2020 NCUA has issued an update to guidance for credit unions related to serving Hemp businesses. The original guidance,...
PCA Regulatory Relief Measures in Response to the COVID-19 Pandemic
Letter to Credit Unions 20-CU-18: PCA Regulatory Relief Measures in Response to the COVID-19 Pandemic June 2020 In May, 2020, the NCUA Board approved changes to the Prompt Corrective Action (PCA) requirements in...
Remittance Transfers under the EFT Act
Regulatory Alert 20-RA-05 Remittance Transfers under the EFT Act June 2020 NCUA’s Regulatory Alert provides credit unions information regarding changes to the CFPB’s Remittance Rule (Regulation E) which implements the Electronic...
Update to Offsite Examination and Supervision Approach
Letter to Credit Unions 20-CU-17 Update to Offsite Examination and Supervision Approach May 2020 NCUA is updating its supervisory approach implemented in response to the COVID-19 crisis and originally announced...
Low-Income Designations: Qualification of Military Personnel
Letter to Credit Unions 20-CU-16 Low-Income Designations: Qualification of Military Personnel May 2020 NCUA has announced it is changing the agency’s approach to determining whether a credit union qualifies for...
Principles for Making Responsible Small-Dollar Loans
Letter to Credit Unions 20-CU-15 Principles for Making Responsible Small-Dollar Loans May 2020 NCUA issued LTCU 20-CU-15 to discuss interagency guidance issued together with the Federal Reserve System, FDIC, and...
Interpretive Rule on Waiver of TRID and TILA Waiting Periods
Regulatory Alert 20-RA-03 CFPB Issues Interpretive Rule on Waiver of TRID and TILA Waiting Periods May 2020 NCUA’s Regulatory Alert discussed the CFPB’s interpretive rule clarifying when consumers can elect...
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...