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.
Colorado Adds Sensitivity Rating to CAMEL to Measure Interest Rate Risk
January 16, 2015 – Colorado’s Division of Financial Services (DFS), the regulator of state-chartered credit unions in the state, will begin using Uniform Financial Institutions Ratings System (UFIRS), otherwise known as the CAMELS rating system. The change is effective April 1, 2015. READ
NCUA Presents Second Risk-Based Capital Rule at Today’s Board Meeting
January 15, 2015 – In a 2-1 vote at its Board meeting this morning, the NCUA presented its second risk-based capital rule. READ
NASCUS Submits Comment Letter to FHFA on their Proposal to Amend Regulations Governing FHLB Membership
January 12, 2015 – The National Association of State Credit Union Supervisors (NASCUS) submitted its comment letter today to the Federal Housing Finance Agency (FHFA) on its proposal to amend its regulations governing Federal Home Loan Bank (FHLB). READ