Retired

NCUA Risk Alert: Heightened Risk of Social Engineering and Phishing Attacks

NCUA Risk Alert: 22-RISK-01 Heightened Risk of Social Engineering and Phishing Attack March 2022 The on-going conflict in Ukraine has raised concerns about potential cyberattacks in the U.S., including those...

Letter to Credit Unions: Relationships with Third Parties that Provide Services Related to Digital Assets

LTCU: (21-CU-16) Relationships with Third Parties that Provide Services Related to Digital Assets December 2021 NCUA’s LTCU was issued to provide clarity about the already existing authority of federally insured credit...

2022 Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages)

21-RA-10 2022 Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages) December 2021 The  CFPB has published its Truth in Lending (Regulation Z) Annual Threshold...

Notice and Request for Comment Regarding the CFPB’s Inquiry into Big Tech Payment Platforms

CFPB-2021-0017: Notice and Request for Comment Regarding the CFPB’s Inquiry into Big Tech Payment Platforms Summary On October 21, 2021, the Consumer Financial Protection Bureau (CFPB) ordered six large technology...

Letter to Credit Unions: Subordinated Debt Final Rule Effective January 1, 2022

LTCU: (21-CU-13) Subordinated Debt Final Rule Effective January 1, 2022  November 2021 NCUA’s LTCU was issued to reminder to FICUs that the final subordinated debt rule (NASCUS summary here) becomes effective on...

Letters to Credit Unions: IRS’s Volunteer Income Tax Assistance Program Collaboration Opportunities

LTCU 21-CU-12 Internal Revenue Service’s Volunteer Income Tax Assistance Program Collaboration Opportunities  November 2021 Credit unions have until November 15, 2021, to contact the Internal Revenue Service (IRS) to inquire...

Final Rule Summary: FCU CUSOs

Final Rule Summary: FCU CUSOs (Parts 712) October 2021 Prepared by NASCUS Legislative & Regulatory Affairs Department NCUA has issued a final rule related to federal credit union (FCU) credit...

Final Rule Summary: CAMELS Rating System

Final Rule Summary: CAMELS Rating System (Parts 701, 703, 704, 713) October 2021 Prepared by NASCUS Legislative & Regulatory Affairs Department NCUA is updating the NCUA’s supervisory rating system from...

Complex Credit Union Leverage Ratio, Amendments to Risk-Based Capital, and other Technical Amendments

October 15, 2021 Melane Conyers-Ausbrooks Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, VA 22314 Re: NASCUS Comments on Capital Adequacy: The Complex Credit Union Leverage...

Subordinated Debt 2021

 October 28, 2021 Melane Conyers-Ausbrooks Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, VA 22314 Re: NASCUS Comments on Proposed Rule: Subordinated Debt 2021; Rin 3133-AF...

Digital Assets and Related Technologies

October 27, 2021 Melane Conyers-Ausbrooks Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, VA 22314 Re: NASCUS Comments on Request for Information and Comment on Digital...