<span class="vcard">Shelton Roulhac</span>

NASCUS Summarizes NCUA Interim Hemp Guidance

NCUA has issued “interim guidance” for credit unions interested in serving the legalized hemp industry. The guidance will be updated as needed as necessary regulations are issued by the United States Department of Agriculture (USDA) and others regarding the growth, processing, manufacture, and retail sale of hemp.

NASCUS Summarizes First 2019 NCUA Risk Alert

NCUA issued the first Risk Alert of 2019 to remind credit unions of the risks related to Business Email Compromise (BEC) fraud and steps that institutions should consider in order to mitigate the risk of falling prey to such scams.

NASCUS congratulates NCUA on the field of membership ruling

In a victory for NCUA and the credit union system, the District of Columbia Circuit Court of Appeals upheld virtually all aspects of NCUA’s Field of Membership Rule, overturning the lower district court which had struck down two provisions of the rule.

NASCUS Comments: ANPR on compensation for loans, lines of credit to members

NASCUS Comments: ANPR on compensation for loans, lines of credit to members June 24, 2019 Gerard Poliquin Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, VA...

Summary Loans to Members

Summary: Part 701.21(c)(8) & § 741.203(a) Compensation in Connection with Loans to Members and Lines of Credit to Members Prepared by NASCUS Legislative & Regulatory Affairs Department April 2019 NCUA has issued...