In the News

CFPB updates consumer reporting company list

(Jan. 28, 2022) A list of “dozens of specialty reporting companies that collect and sell access to people’s data” was released Thursday by the CFPB. The data collected, the agency...

AROUND THE STATES: IL CUs to realized nearly $1.9 million in fee credits

(Jan. 28, 2022) State chartered credit unions in Illinois will receive a fee credit of nearly $1.9 million from the state, based on regulatory fees collected in 2021 that exceeded...

NASCUS member reception at GAC set for March 1

(Jan. 28, 2022) NASCUS’ annual Member Reception at the CUNA Government Affairs Conference (GAC) is scheduled for March 1, from 5-7 p.m.; it is for NASCUS members only (and a...

BRIEFLY: 4 job openings in MA; CFPB seeks info on ‘junk fees;’ FDIC insurance director to retire; Agency selects new CLF president

(Jan. 28, 2022) Four new positions are being filled by the MA Division of Banks, the agency said this week. The MA openings include those for consumer protection examiner I...

2022 NASCUS Member Reception

NASCUS Annual Members’ Reception Date: Tuesday, March 1, 2022 Time: 5:00 pm to 7:00 pm Location: Marriott Marquis Hotel University of District of Columbia Room Washington D.C. RSVP by February...

NCUA issues ‘22 supervisory priorities topped by credit risk management, cybersecurity, payments

(Jan. 21, 2022) Credit risk management, cybersecurity and payment systems are the three top supervisory priorities for NCUA, the agency said this week. Additionally, the agency indicated it will also...

For states, exam recordings depend on state guidance

(Jan. 21, 2022) Under the last portion of the letter, on the agency’s exam program – and particularly on “recording of official meetings” – the letter holds a footnote stating...

Webinar today looks at vaccine mandate ruling

(Jan. 21, 2022) A free, members-only webinar outlining the impact of the U.S. Supreme Court’s (SCOTUS) decision striking down vaccine mandates for large employers – but also upholding a mandate...

Board to consider proposal on succession planning, hear briefings

(Jan. 21, 2022) A proposed rule on succession planning at federal credit unions (under Part 701 of NCUA regulations), and a final rule on resetting civil monetary penalties (CMP), as...

Former state regulator among trio of Fed nominees

(Jan. 21, 2022) The names of three candidates to fill three open seats on the Federal Reserve Board are now in the hands of the U.S. Senate – including the...

Fed issues ‘first step’ paper on CBDCs

(Jan. 21, 2022) Pros and cons of a U.S. central bank digital currency (CBDC) are examined in a discussion paper released by the Federal Reserve Thursday, the agency said, which...

CA latest state to earn reaccreditation

(Jan. 21, 2022) The California Department of Financial Protection & Innovation is the latest credit union state supervisory authority earn reaccreditation from NASCUS, the association announced this week. The achievement...