News stories tagged NCUA
Comment periods finally open on two proposals
(March 12, 2021) After a delay of nearly two months since approval, two proposals from NCUA – on simplifying rules for risk-based capital and on adding an “S” to the...
Summaries outline corporate sub debt, joint ownership rules
(March 12, 2021) Two new summaries of final rules on corporate credit union purchase of subordinated debt, and on joint ownership share accounts, were posted by NASCUS this week. Both...
2021 NCUA reg review outlined in summary
(March 5, 2021) NASCUS has published its summary of NCUA’s regulatory review roster for 2021, which lists the one-third of the agency rules that it is reviewing – part of...
Summary outlines HMDA data collection alert
(March 5, 2021) A “regulatory alert” outlining Home Mortgage Disclosure Act (HMDA) data collection is outlined by NASCUS in one of the latest summaries to be posted by the association....
GAC ’21: Harper urges focus on capital, equity, consumer protection
(March 5, 2021) Staying focused on capital and liquidity, consumer financial protection, and diversity, equity and economic inclusion will achieve a vibrant economic outcome from the impact of the coronavirus...
BRIEFLY: Comments due March 9 on NCUA communications, transparency info request; Credit union, other federal regulators, call for action in response to Texas winter storms; PPP loans reserved for smaller institutions
(Feb. 26, 2021) Comments are due March 9 on NCUA’s request for information (RFI) on how the agency can improve its communications and improve transparency. A NASCUS comment letter is...
Subordinated debt, related corporate rules finalized
(Feb. 26, 2021) Final rules on subordinated debt and corporate credit unions were finally published in the Federal Register this week, completing the action on the final rules and opening...
Agency publishes reg review for 2021
(Feb. 26, 2021) NCUA this week published its regulatory review roster for 2021, listing the one-third of its rules that it is reviewing – part of the three-year review plan...
NASCUS backs exemptions from SARs
(Feb. 26, 2021) A comment letter supporting NCUA’s proposed rule about credit union exemptions from filing suspicious activity reports (SARs) has been submitted by NASCUS, which also some recommendations for...
No insurance premium for now, but outlook for future less certain
(Feb. 19, 2021) No premium – for now — is in the works for credit unions to pay to bring the federal credit union savings insurance fund back up to...
Funds earn ‘clean’ opinions – but challenges lie ahead
(Feb. 19, 2021) While four funds administered by NCUA all earned unmodified or “clean” audit opinions for 2020, the agency’s inspector general still outlined a number of 2021 challenges for...
Board OKs joint ownership share accounts final rule
(Feb. 19, 2021) In other action Thursday, the NCUA Board unanimously approved a final rule on joint ownership share accounts, and heard a report on the new Emergency Capital Investment...