Ito – NASCUS

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NCUA BUDGET: NASCUS leader — Thoughtful consideration of feedback

(Dec. 17, 2021) NASCUS’ Ito acknowledged the agency’s efforts. “We commend the board for its thoughtful and unprecedented consideration of stakeholder feedback in finalizing the agency’s 2022 budget. On behalf...

In final NCUA budget appearance, Ito outlines reasons why OTR is vital

(Dec. 10, 2021) Every dollar transferred from the federal credit union savings insurance fund to fund NCUA expenses is one dollar not available to cover losses in the system and...

AROUND THE STATES: Texas latest to be reaccredited

(Dec. 3, 2021) The latest state supervsor to earn reaccreditation from NASCUS is the Texas Credit Union Department, following the series of in-depth reviews and assessments by a panel of...

NASCUS seeks to offer states’ views of ’22 NCUA budget, OTR at briefing

(Nov. 24, 2021) The state system is seeking to provide its views of the proposed NCUA 2022 budget at the agency’s public briefing in two weeks, particularly the proposed increased...

State system prominent at NACUSO confab

(Clockwise from top) NASCUS’s Lucy Ito (second from right) joins other judges in the “Next Big Idea” competition in listening to a presenter’s big idea. Other judges are (from left)...

CEOs, regulators take on cutting-edge issues

(Clockwise from top left) Moderator George Hofheimer (Hofheimer Strategy Advisors), left, NASCUS President and CEO Lucy Ito and NASCUS EVP and General Counsel Brian Knight take in the Exchange discussion;...

NASCUS takes key role in DEI Summit

Participants in a first day’s panel at the NCUA DEI Summit this week were (from left) NASCUS’ Lucy Ito, CUNA’s Jim Nussle, and NAFCU’s B. Dan Berger. (Nov. 5, 2021)...

Congratulations to NCUA for joining states on ‘S’

(Oct. 22, 2021) NASCUS President and CEO Lucy Ito congratulated the NCUA Board for finalizing an “S” component (for market sensitivity) to the CAMEL rating system (making it now “CAMELS”)...

CUSO rule expanding powers adopted – yet again by 2-1

(Oct. 22, 2021) In yet another split decision over the issue, a final rule giving CUSOs the power to originate any type of loan an FCU may originate – and...

National award cites NASCUS leader’s ‘outstanding individual achievements’

(Oct. 8, 2021) NASCUS President and CEO Lucy Ito was named this week a winner of the 33rd Annual Herb Wegner Memorial Awards, widely considered the most prestigious honor in...

BRIEFLY: Chopra confirmed as CFPB director; Ito on diversity panel

(Oct. 1, 2021) Rohit Chopra is now the permanent director of the CFPB, with a five-year term, thanks to a 50-48 vote by the Senate on Thursday. He took a...

Ito: Expanded board needs state experience

(Oct. 1, 2021) Noting Harper’s comments about changes to the NCUA Board, NASCUS President and CEO said mandating that at least one board member have state credit union regulatory experience...