In Other News

Partner Story: World Council of Credit Unions Shares Changes in Digital Regulations

Feb. 7, 2022 — Last week, the World Council of Credit Unions (WOCCU) shared a blog post highlighting the ways international standard-setting entities are now accelerating changes to digitalization policies “that...

Bureau regulatory agenda mute on overdraft programs – for now

Feb. 4, 2022  — The phrase “overdraft protection” does not appear in the “semiannual regulatory agenda” published this week by the CFPB in the Federal Register. But there may be...

Alert reminds of threshold for collecting HMDA data

(Feb. 4, 2022) A reminder that federally insured credit unions must comply with rules governing disclosure in mortgage loans, particularly those meeting four criteria, is outlined by NCUA in a...

FDIC chairman steps down; NCUA leaders offer praise

(Feb. 4, 2022) FDIC Board Chairman Jelena McWilliams is scheduled to step down today (Friday, Feb. 4), following through on the announcement she made late last month. In her resignation...

Fed nominees sit for confirmation hearing

(Feb. 4, 2022) Three nominees for seats on the Federal Reserve Board sat before the Senate Banking Committee Thursday to face questions on their nominations to the agency leadership. Sarah...

Panel schedules vote on all five Fed nominees

(Feb. 4, 2022) Less than two weeks from now, the nominations of those testifying this week – along with two other Fed nominees – will be considered in vote by...

NASCUS notes value of community for Black History Month

(Feb. 4, 2022) NASCUS has endeavored, since its inception, toward the ideal that “we become a better version of ourselves when we come together,” NASCUS President and CEO Brian Knight...

A final word …

(Feb. 4, 2022) This issue of NASCUS Report is my final offering as editor of the publication, a tenure that began in 2015. This issue also represents the completion of...

… One more word (and more NR)

(Feb. 4, 2022) On a personal level, I thank Pat for his years of dedicated work supporting NASCUS, first on staff and then these past years as our outside editor...

Comment letter urges focus on risks from consolidation, climate change rules

(Jan. 28, 2022) While acknowledging that industry consolidation and regulation related to climate change are two risks NCUA should consider in the context of its five-year strategic plan, NASCUS wrote to...

Proposal Requires Succession Planning for FCUs

(Jan. 28, 2022) Boards of federal credit unions (FCUs) would be required to “establish and adhere to” processes for succession planning under a proposal issued, on a 2-1 vote, by...

Harper reappointment now sits before full Senate

(Jan. 28, 2022) A vote by the full Senate is the next stop on the journey of the nomination of Todd Harper to be confirmed for another term on the...