CUSOs

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Summary outlines new FCU CUSO rule

(Nov. 12, 2021) A summary of NCUA’s new rule on federal credit union service organizations (CUSOs) – adopted Oct. 21 by the NCUA Board on a 2-1 vote – has...

Contentious CUSO proposal up for consideration by NCUA Board

(Oct. 15, 2021) Finalizing a proposed – and contentious — rule on expanded lending and services provided by federal credit union (FCU) credit union service organizations (CUSOs) highlights the scheduled...

Harper repeats call for CUSO exam authority

(Aug. 6, 2021) Congress should give NCUA authority to examine (and enforce actions) over third party vendors, NCUA Board Chairman Todd Harper said in testimony to the Senate Banking Committee...

Trio of summaries look at CAMELS, CUSO lending, communications

(Feb. 5, 2021) Three summaries of recent NCUA proposals were posted this week by NASCUS, dealing with the addition of a new component to the examination rating system, lending by...

Other NCUA Board action taken on corporates, sub debt; CUSOs

(Jan. 15, 2021) In other action at its Thursday meeting, the NCUA Board: Adopted a final rule clarifying that corporate credit unions may purchase subordinated debt instruments issued by natural...