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.
State CUs build share of total assets, memberships in Q3
Dec. 5, 2016 -- State chartered credit unions now hold nearly 48.7% of all credit union assets, according to third-quarter figures released by NCUA today (and numbers compiled by NASCUS), an increase for the state financial institutions of 6.7% since the beginning of the year. READ
Bureau updates status of debt collection, arbitration, overdraft
Dec. 5, 2016 -- A report on findings of a consumer survey related to a proposed rule regulating debt collection – and other actions – are outlined in the Consumer Financial Protection Bureau’s Fall 2016 rulemaking agenda, published Friday by the agency. READ
NASCUS Report: Could NCUA premium go higher?
Dec. 2, 2016 -- Agency notes premium change factors, guidance on new MBL rule, familiar face for Trump transition to NCUA -- and more. NASCUS Report for Dec. 2 is published/online. READ
MBL Examiners' Guidance posted by NCUA
Nov. 30, 2016 (Updated) --Examiners’ guidance for NCUA’s new member business loan (MBL) rule was opened to the public Wednesday as part of the agency’s online examiners guide, according to a “Letter to Credit Unions” from Board Chairman Rick Metsger. READ
Summary outlines CFPB guidance on incentive programs
Nov. 29, 2016 -- A CPFB bulletin outlining compliance management steps that supervised entities should take to mitigate risks posed by production incentives (among other things) is summarized by NASCUS. READ