NASCUS is the only organization in the U.S. credit union system with both state regulator and credit union members, which makes membership benefits unique.
The SBA has published an Interim Final Rule related to the Paycheck Protection Program. The rule is available on SBA’s website immediately.
The Federal Financial Institutions Examination Council (FFIEC), comprised of NCUA and Federal Banking Agencies (FBAs), continues to monitor and respond to the COVID-19 pandemic to promote the ongoing ability of the nation’s financial institutions to support the households and businesses that depend on them.
Following the lead of state regulators, NCUA released a letter providing federal credit unions with annual meeting flexibility.