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CFPB Interim Final Rule re: Small Business Lending Extension of Compliance Dates
NASCUS Summary re: CFPB Interim Final Rule re: Small Business Lending Extension of Compliance Dates 12 CFR Part 1002 The CFPB issued an Interim Final Rule with Request for Comments...
FY2023 Monthly Financial Reports
July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023
Goldman Sachs is Watching for ‘Cannibalization’ from Apple’s New Savings Account
Goldman Sachs CEO David Solomon said Tuesday he isn't worried about Apple's new savings account overshadowing Goldman's own Marcus offerings but that he's watching closely for "cannibalization."
Jan. 27: CFPB Updates This Week
NASCUS Summary: CFPB Request for Information Regarding Consumer Credit Card Market Section 502(a) of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act or Act) requires the...
CFPB News This Week
Biden Asks Supreme Court to Overturn Fifth Circuit’s CFPB Ruling The Biden Administration on Monday asked the U.S. Supreme Court to overturn an appeals court decision that found that the...
CFPB reminds: mortgage disclosure data reporting adjusts
(Nov. 19, 2021) The threshold adjusts to 200 open-end lines of credit for reporting mortgage disclosure data at the start of the new year, CFPB reminded late last week. In...
Four summaries outline key, recent issues
(Feb. 19, 2021) Four new summaries have been posted by NASCUS, looking at recent actions from NCUA, which include: two regulatory alerts, a final rule on supervisory guidance, and (along...
NCUA and FBAs Highlight Coordination and Collaboration of Efforts to Address COVID-19
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.
NCUA Provides Federal Credit Unions With Annual Meeting Flexibility
Following the lead of state regulators, NCUA released a letter providing federal credit unions with annual meeting flexibility.
NCUA Releases COVID-19 Letter to Credit Unions
Asserting its concern for the health and safety of all NCUA staff, credit union staff, and credit union members, NCUA released LTCU 20-CU-02 regarding COVID-19.
NCUA releases reg review schedule
Rules covering credit union service organizations (CUSOs), management official interlocks, and agency administrative actions are among the 16 regulations NCUA will be reviewing this year, according to the agency. Each...
NASCUS Releases Summary of NCUA “2nd Chance IRPS”
Recently, NCUA has finalized its revisions to the agency’s Interpretive Ruling and Policy Statement (IRPS) regarding statutory prohibitions imposed by § 205(d) of the Federal Credit Union Act (FCUA). Section...