Press Room
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COMMENTS FROM NASCUS PRESIDENT AND CEO LUCY ITO ON KEY RESULTS OF JAN. 14, 2021 NCUA BOARD MEETING
Jan. 14, 2021 CONTACT: Lucy Ito, NASCUS president and CEO; lito@nascus.org; (703) 528-8351 On proposed simplification of risk-based capital requirements ‘Careful review necessary – and consultation with states required by... -
NASCUS PRESIDENT AND CEO LUCY ITO ON APPOINTMENT OF NCUA VICE CHAIRMAN KYLE HAUPTMAN AS LIAISON TO STATE SYSTEM
Jan. 11, 2021 CONTACT: Lucy Ito, NASCUS president and CEO; 703- ‘Ready, willing to interact with him to achieve goal of broader understanding of state system’ Congratulations to Vice Chairman... -
NASCUS PRESIDENT AND CEO LUCY ITO ON ADOPTION OF 62.3% OTR (AN INCREASE OF 100 BP)
‘The state system believes that the increase is indicative of the need for the agency to reconsider how it allocates expenses to the OTR’ Dec. 18, 2020 CONTACT: Lucy Ito,... -
NASCUS PRESIDENT AND CEO LUCY ITO COMMENT ON NCUA BOARD ISSUING FINAL RULE ON SUBORDINATED DEBT
‘State system looks forward to working closely with NCUA on implementation’ Dec. 17, 2020 CONTACT: Lucy Ito, NASCUS president and CEO, lito@nascus.org; (703) 528-8351 The state system has long said... -
TEXAS, AGAIN, DECIDES TO KEEP STATE CU REGULATOR AS ‘BEST OPTION’
NASCUS’ Ito praises decision, notes accountability for state regulatory system Dec. 7, 2020 CONTACT: Lucy Ito, NASCUS president and CEO, lito@nascus.org; (703) 528-8351 Texas has a “continuing need” for the... -
COMMENTS BEFORE THE NCUA BUDGET BRIEFING, DEC. 2, BY NASCUS PRESIDENT AND CEO LUCY ITO
COMMENTS BEFORE THE NCUA BUDGET BRIEFING, DEC. 2, BY NASCUS PRESIDENT AND CEO LUCY ITO ‘An NCUA operating budget of $316 million and an operating budget plus capital budget of... -
NASCUS PRESIDENT AND CEO: THANKS TO MCWATTERS
State system’s Ito notes efforts on OTR, subordinated debt Nov. 24, 2020 CONTACT: Lucy Ito, NASCUS president and CEO; lito@nascus.org NASCUS President and CEO Lucy Ito expressed the state system’s... -
MICHIGAN CREDIT UNION REGULATOR EARNS ACCREDITATION FOR FIVE YEARS
Follows in-depth, assessment by veteran supervisors organized by NASCUS Nov. 24, 2020 CONTACT: Liz Evans, NASCUS Vice President of State Programs & Supervisory Policy; levans@nascus.org The office of credit unions... -
NEW PARTNERSHIP OFFERS AFFORDABLE, ON-LINE COMPLIANCE TRAINING, EDUCATION FOR CUS (Oct. 26)
NASCUS/BAI ‘CU Campus 365’ offers wide range of choices to state credit union system Affordable, customizable on-line compliance and education for credit unions is now available through a new partnership... -
NASCUS RECOMMENDS CHANGES TO NCUA PROPOSAL ON TRANSITION TO CECL METHODOLOGY (Oct. 20)
NASCUS, in a comment letter to NCUA, wrote in support of the agency’s efforts to mitigate the day-one effect of the current expected credit loss (CECL) methodology on capital levels... -
COMMENTS ON TODAY’S NCUA BOARD MEETING BY NASCUS’ LUCY ITO (Oct. 15)
OCT. 15 COMMENTS ON TODAY’S (Oct. 15) NCUA BOARD MEETING BY NASCUS’ LUCY ITO Corporate rule changes praised; look to states for insights on derivative regulation NASCUS President and CEO... -
NASCUS PRESIDENT & CEO LUCY ITO ON THE SEPTEMBER NCUA BOARD MEETING
Today, the NCUA Board held a public meeting via live audio webcast due to the COVID-19 pandemic.
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