NASCUS is the only organization exclusively dedicated to defending and advancing a strong state credit union system. Established in 1965, state credit union regulators formed NASCUS to promote the safety and soundness of state-chartered credit unions.
Lawmaker to introduce stand-alone OTR transparency bill
June 30, 2016 -- Legislation mandating increased transparency for the calculation of the transfer of funds from the National Credit Union Share Insurance Fund to the NCUA budget via the “overhead transfer rate” – including a breakdown of costs – will be introduced as stand-alone legislation, a member of Congress told a Washington group this week. READ
Loan management, problems breed complaints, CFPB says
June 29, 2016 -- Consumers continue to complain about issues managing their loans and problems they encounter when they are unable to pay off the loans, according to the latest Consumer Complaint Snapshot published by the CFPB this week. READ