In the News

NCUA spreads word about ECIP extension

(July 16, 2021) A 14-day application extension is among the “clarifications and amendments” planned for the capital investment program created for community development financial institutions (CDFIs) and minority depository institutions...

Agencies plan webinar on military consumer protections

(July 16, 2021) A focus on consumer financial protections for military servicemembers and their families is the target of a webinar slated July 28 by NCUA, CFPB and the Federal...

AROUND THE STATES: Joining IL’s ‘I Love My CU,’ staying updated

(July 16, 2021) NASCUS has joined the “I Love My CU” program developed by the Illinois Credit Union League, and will participate in the July 30 social media platform effort...

Aug. 12 NASCUS 101 coming up quickly

(July 16, 2021) NASCUS 101 – the popular series of webinars that explains how NASCUS members can get the most out of their memberships – is just around the corner...

BRIEFLY: Welcome SingerLewak as latest associate member; Former Fed official to take Treasury office; NASCUS participates in FFIEC, SLC gatherings

(July 16, 2021) Welcome to accounting and consulting firm SingerLewak as the latest NASCUS associate member. Partner Sheila Balzer in the firm’s Denver operations is the leader for its expertise in state...

On rules for AI, slow and steady is the ticket, NASCUS writes

(July 9, 2021) A slow, methodical approach should be taken to determining the best regulatory scheme to address the use of the developing technology of artificial intelligence/machine learning (AI/ML) by...

COVID-related complaints saw uptick over overdraft fees

(July 9, 2021) Consumer complaints about federal student loans fell off during the coronavirus crisis, but protests about overdraft fees on checking accounts surged due to financial institutions attempting to...

Bulletin highlights concern over expected eviction surge

(July 9, 2021) Landlords, consumer reporting agencies (CRAs), and others are reminded of their obligations to accurately report rental and eviction information in a compliance bulletin published by CFPB this...

Time to sign up for Aug. 12 NASCUS 101

(July 9, 2021) It’s time to register for NASCUS 101 – the popular series of webinars that explains how NASCUS members can get the most out of their memberships –...

Another speaker lined up for Aug. 17-18 Summit

(July 9, 2021) Diane Reed, president of HRDoc in Fairfax, Va., is the latest speaker to be added to the roster addressing the 2021 NASCUS State System Summit (S3), a...

BRIEFLY: NCUA charters 2nd credit union of year; OCC ‘retires’ position of COO; NASCUS present at international CU regulators conference

(July 9, 2021) Community First Fund Federal Credit Union, of Lancaster, Penn., was chartered this week by NCUA, the second credit union chartered so far this year by the federal...

Some credit unions in line for $865 million corporate CU distribution

(July 2, 2021) More than $865 million will be distributed by September to credit unions that were account holders at three failed corporate credit unions as NCUA closes its program...