2023 NCUA Summaries
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Summary of NCUA Letter 23-CU-05: Interagency Commercial Real Estate Loan Accommodations and Workouts
NASCUS Legislative and Regulatory Affairs Department July 10, 2023 On, June 29, 2023, the National Credit Union Administration (NCUA) issued Letter to Credit Unions 23-CU-05: Commercial Real Estate Loan Accommodations... -
Summary of NCUA Notice and Request for Comment on the Existing Operating Fee Schedule Methodology
NASCUS Legislative and Regulatory Affairs Department July 10, 2023 The National Credit Union Administration (NCUA) Board has published a Notice and Request for Comment Regarding NCUA Operating Fee Schedule Methodology.... -
NCUA Proposed Rulemaking Part 721: Charitable Donation Accounts
Notice of Proposed Rulemaking and Request for Comment NCUA Part 721: Charitable Donation Accounts NASCUS Legislative and Regulatory Affairs Department June 12, 2023 The National Credit Union Administration (NCUA) has... -
NCUA Request for Information: Climate-Related Financial Risk
NCUA Request for Information: Climate-Related Financial Risk Summary prepared April 27, 2023 The National Credit Union Administration (NCUA) has published a Request for Information (RFI) on current and future climate-related... -
Completing the LIBOR Transition
April 26, 2023 The NCUA issued Letter to Credit Unions (LTCU) 23-CU-03. The letter directs credit unions to the Joint Statement on Completing the LIBOR Transition, issued by NCUA together... -
Summary of NCUA Letter 23-CU-04: Interagency Policy Statement on Allowances for Credit Losses
Summary of NCUA Letter 23-CU-04: Interagency Policy Statement on Allowances for Credit Losses (Revised April 2023) NASCUS Legislative and Regulatory Affairs Department April 25, 2023 The National Credit Union Administration,... -
Final Rule Summary NCUA: Subordinated Debt
Final Rule Summary NCUA: Subordinated Debt NASCUS Legislative and Regulatory Affairs Department March 24, 2023 The NCUA Board has issued a final rule amending the Subordinated Debt Rule, which was finalized... -
NCUA Notice of Proposed Rulemaking Summary: Chartering and Field of Membership
Notice of Proposed Rulemaking and Request for Comment NCUA: Chartering and Field of Membership NASCUS Legislative and Regulatory Affairs Department On February 28, 2023, the NCUA published a notice of... -
NCUA Final Rule Summary: Cyber Incident Notification Requirements for Federally Insured Credit Unions
NCUA Final Rule Summary: Cyber Incident Notification Requirements for Federally Insured Credit Unions NASCUS Legislative and Regulatory Affairs Department March 7, 2023 At the February 16, 2023, meeting, the NCUA... -
Letter to Credit Unions 23-CU-02: Expansion of Permissible CUSO Activities and Associated risks
NCUA Letter 23-CU-02 Summary Expansion of Permissible CUSO Activities and Associated risks NASCUS Legislative and Regulatory Affairs Department February 7, 2023 Summary On November 26, 2021, a final rule amending... -
NCUA Risk Alert: 23-RA-01 Change to HMDA’s Closed-End Loan Reporting Threshold
NCUA Risk Alert: 23-RA-01 Change to HMDA’s Closed-End Loan Reporting Threshold NASCUS Legislative and Regulatory Affairs Department February 3, 2023 On February 2, 2023, the NCUA Board issued Risk Alert... -
Letter to Credit Unions 23-CU-01: NCUA’s 2023 Supervisory Priorities
Letter to Credit Unions 23-CU-01 NCUA’s 2023 Supervisory Priorities NASCUS Legislative and Regulatory Affairs Department January 19, 2023 On January 18, the NCUA issued Letter to Credit Unions 23-CU-01 outlining...