CUSO

Summary of Report #OIG-19-11: Audit of the NCUA’s Joint Examination Process with SSAs

NCUA’s Office of Inspector General (OIG) published the results of a self-initiated audit assessing NCUA’s joint examination process with state supervisory authorities (SSAs).

Policy for Setting the Normal Operating Level NCUSIF

Request for Comment: Policy for Setting the Normal Operating Level NCUSIF  Prepared by NASCUS Legislative & Regulatory Affairs Department May 2021 In 2017, NCUA closed the Temporary Corporate Credit Union Stabilization...

Temporary Regulatory Relief in Response to COVID–19 — Prompt Corrective Action

Interim Final Rule Summary: Temporary Regulatory Relief in Response to COVID–19 — Prompt Corrective Action Parts 702                   Prepared by NASCUS Legislative & Regulatory Affairs Department May 2021 NCUA issued an...

Part 741 Compendium

This document is an integrated roadmap of Part 741. Each Section of Part 741 is listed in its entirety.

NCUA Summary: Evaluating LIBOR Transition Plans

Letter to Credit Unions 21-CU-03 LIBOR Transition May 2021 NCUA issued LTCU 21-CU-03 to discuss issues related to the cessation of the publication of the London Inter-bank Offered Rate (LIBOR)...

Request for Information/Comment on Financial Institutions’ Use of Artificial Intelligence/Machine Learning

CFPB Summary: Request for Information/Comment on Financial Institutions’ Use of Artificial Intelligence/Machine Learning Docket No. CFPB-2021-0004 Prepared by the Legislative & Regulatory Affairs Division April 2021 The OCC, Federal Reserve...

Interim Final Rule Summary Asset Thresholds

Interim Final Rule Summary Asset Thresholds (Parts 700, 702, 708a, 708b, & 790) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 To help credit unions manage the accelerated...

Summary: Corporate Credit Unions

Final Rule Summary: Corporate Credit Unions (Part 704)                      Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA has...

2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act

Regulatory Alert 20-RA-09 2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act December 2020 NCUA’s Regulatory Alert notifies credit unions of the...

2022 NASCUS Member Reception

NASCUS Annual Members’ Reception Date: Tuesday, March 1, 2022 Time: 5:00 pm to 7:00 pm Location: Marriott Marquis Hotel University of District of Columbia Room Washington D.C. RSVP by February...

Summary: Joint Statement on Additional Loan Accommodations Related to COVID-19

Joint Statement Summary Joint Statement on Additional Loan Accommodations Related to COVID-19 August 2020 The Federal Financial Institutions Examination Council (FFIEC) has issued a Joint Statement to provide prudent risk...

Summary: Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Laura and California Wildfires

Joint Statement Summary Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Laura and California Wildfires September 2020 NCUA, the Federal...