THIS WEEK: NCUA Board to meet on CECL actions; Reg review schedule announced; New reference rate averages to be published; Budget outlines cannabis, CFPB changes; Credit card debt at record high; HMDA guide updated;
The NCUA Board issued a Final Interagency Policy Statement, Allowances for Credit Losses and approved Proposed Rule, Part 704, Corporate Credit Unions for a 60-day comment period. NASCUS President and CEO Lucy Ito issued statements in response to the meeting.
NASCUS offers a full slate of events across the country.
NASCUS is the national association that advocates for a strong and healthy state credit union system, and whose members include state regulatory agencies, credit unions, credit union leagues, and organizations that support the state credit union system.
The 2020 edition of the “Guide to HMDA Reporting: Getting It Right!” is now available. The guide was developed by member agencies of the Federal Financial Institutions Examination Council (FFIEC),…