In the News
Summary LTCU: Special Purpose Credit Programs
LTCU: (22-CU-03) Special Purpose Credit Programs February 2022 NCUA’s LTCU outlines the interagency statement reminding creditors of the ability under the Equal Credit Opportunity Act (ECOA) and Regulation B to...
NASCUS Welcomes Newest Members
February 17, 2022 — Today, NASCUS welcomes three new members to the state-system network, Advantis Credit Union in Oregon, Central Willamette Credit Union in Oregon, and Railway Credit Union in...
NCUA in the News This Week
NCUA’s Funds Receive Clean Audit Opinions February 15, 2022 – The National Credit Union Administration’s four funds again earned unmodified, or “clean,” audit opinions for 2021, according to audited financial statements...
Partner Event: Filene DEI Research Event
Feb. 7, 2022 — In early December 2021, Filene published insights from its first DEI Practices & Policies Survey. This survey was launched to study Diversity, Equity, and Inclusion (DEI) credit...
Partner Story: World Council of Credit Unions Shares Changes in Digital Regulations
Feb. 7, 2022 — Last week, the World Council of Credit Unions (WOCCU) shared a blog post highlighting the ways international standard-setting entities are now accelerating changes to digitalization policies “that...
Bureau regulatory agenda mute on overdraft programs – for now
Feb. 4, 2022 — The phrase “overdraft protection” does not appear in the “semiannual regulatory agenda” published this week by the CFPB in the Federal Register. But there may be...
Alert reminds of threshold for collecting HMDA data
(Feb. 4, 2022) A reminder that federally insured credit unions must comply with rules governing disclosure in mortgage loans, particularly those meeting four criteria, is outlined by NCUA in a...
FDIC chairman steps down; NCUA leaders offer praise
(Feb. 4, 2022) FDIC Board Chairman Jelena McWilliams is scheduled to step down today (Friday, Feb. 4), following through on the announcement she made late last month. In her resignation...
Fed nominees sit for confirmation hearing
(Feb. 4, 2022) Three nominees for seats on the Federal Reserve Board sat before the Senate Banking Committee Thursday to face questions on their nominations to the agency leadership. Sarah...
Panel schedules vote on all five Fed nominees
(Feb. 4, 2022) Less than two weeks from now, the nominations of those testifying this week – along with two other Fed nominees – will be considered in vote by...
NASCUS notes value of community for Black History Month
(Feb. 4, 2022) NASCUS has endeavored, since its inception, toward the ideal that “we become a better version of ourselves when we come together,” NASCUS President and CEO Brian Knight...
A final word …
(Feb. 4, 2022) This issue of NASCUS Report is my final offering as editor of the publication, a tenure that began in 2015. This issue also represents the completion of...