In the News

NASCUS ’21 S3: Surging virus variant dampens on-site exam resumption

(Clockwise from upper left: NASCUS’ Lucy Ito joins NASCUS Executive Vice President and General Counsel Brian Knight, and NCUA Office of Examination and Insurance Director Myra Toeppe in a discussion...

NASCUS ’21 S3: Leadership seated for 2021-22 terms

(Aug. 20, 2021) Continuing and new leadership for the state system was also seated during the NASCUS Annual Meeting, held in conjunction with S3. Serving as officers for 2021-22 for...

NASCUS ’21 S3: Employment, economy, mortgages, appraisals discussed

(Aug. 20, 2021) Also featured at this year’s S3 conference: Discussion of the employment challenges and opportunities before credit unions resulting from the coronavirus crisis by nationally recognized employment and...

Reg review letter urges reorganizing rules

(Aug. 20, 2021) Reorganizing its rules to lessen confusion over application of anti-money laundering rules, and working with state regulators to implement those rules, are among the recommendations made by...

3 key summaries take on latest NCUA issuances

(Aug. 20, 2021) Summaries of three recent issuances from NCUA – on capitalizing loans, the rollout of the new examination tool, and on mortgage servicing rules – were published by...

BRIEFLY: Complex credit union leverage ratio proposal published; Delta variant poses more economic risks; Agency plans webinar on modernized exam tools

(Aug. 20, 2021) A proposal by NCUA to create the new “complex credit union leverage ratio (CCULR)” framework — the credit union equivalent of the community bank leverage ratio (CBLR)...

Get ready: S3 kicks off next week; Ito, Harper, more headline event

(Aug. 13, 2021) NCUA Board Chairman Todd Harper, employment guru Diane Reed, mortgage lending expert Tracy Jean Ashfield and NASCUS President and CEO Lucy Ito are among the headliners for...

Nomination would give Harper long board tenure

(Aug. 13, 2021) Todd Harper could remain chairman of the NCUA Board through at least 2024, and would be able to stay on the agency board (either as board leader...

Ito: Congratulations to board chairman

(Aug. 13, 2021) NASCUS’ Lucy Ito congratulated Harper for the renomination. She noted his experience with credit union issues in both regulatory and legislative areas, and his focus on consumer...

Action stands out among federal regulators

(Aug. 13, 2021) The renomination of Harper to a seat on the NCUA Board holds some other significance. First, it would keep him on the board much longer than the...

NCUA begins rolling out MERIT, other apps this month

(Aug. 13, 2021) NCUA this month will begin transitioning to the new MERIT exam tool and other applications meant to modernize and streamline the agency’s operations, according to a letter...

Council revises digital banking risk guidance

(Aug. 13, 2021) Revised guidance on effective authentication and access risk management principles and practices related to digital banking services and information systems was issued this week by NCUA and...