Press Room

  • STATE REGULATORS AND NCUA SIGN COOPERATION AGREEMENT AT NASCUS SUMMIT

    STATE REGULATORS AND NCUA SIGN COOPERATION AGREEMENT AT NASCUS SUMMIT

    ASCUS Regulator Board Chairman John Kolhoff, on behalf of the NASCUS state credit union regulator members, and NCUA Board Chairman Rodney Hood signed a Document of Cooperation for the stated purposes of “ensuring the safety and soundness of the credit union system, fostering an environment of innovation, prosperity, and success for all system stakeholders, and maintaining a strong cooperative relationship between the state regulatory system and the NCUA.” NASCUS and NCUA last signed a Document of Cooperation 12 years ago in 2007.
  • NASCUS LAUNCHES REDESIGNED WEBSITE

    FOR IMMEDIATE RELEASE August 6, 2019 NASCUS LAUNCHES REDESIGNED WEBSITE WITH NEW FEATURES INCLUDING A MEMBER’S ONLY PORTAL AND SINGLE SIGN-ON ARLINGTON, Va. – Recently, NASCUS unveiled a redesigned website....
  • NASCUS CEO LUCY ITO RESPONDS TO CHAIRMAN HOOD’S CANNABIS BANKING COMMENTS

    FOR IMMEDIATE RELEASE August 5, 2019 CONTACT: Shelton Roulhac, NASCUS Communications; sroulhac@nascus.org NASCUS CEO LUCY ITO RESPONDS TO CHAIRMAN HOOD’S CANNABIS BANKING COMMENTS Arlington, VA – In a recent interview...
  • Welcome to new board, advisory committee members

    NASCUS WELCOMES NEW BOARD AND ADVISORY COMMITTEE MEMBERS The National Association of State Credit Union Supervisors (NASCUS) is proud to welcome two prominent industry leaders to the organization’s governing bodies....
  • Ito statement on proposed OTR methodology

    ‘A SIGNIFICANT STEP IN THE RIGHT DIRECTION’ Statement by NASCUS President and CEO Lucy Ito on NCUA Board proposal on overhead transfer rate (OTR) methodology “NASCUS applauds NCUA’s vastly simplified...
  • Alt. capital proposal ‘right thing to do’

    SUPPORT FOR ISSUING ALT. CAPITAL PROPOSED RULE; ‘RIGHT THING TO DO’ State credit union system calls proposal ‘valuable tool in the tool box’ ARLINGTON, Va. — The state credit union...
  • NASCUS BACKS CALL FOR ADVISORY COUNCIL TO NCUA

    CONTACT: Patrick Keefe, NASCUS Communications/pkeefe@nascus.org NASCUS BACKS CALL FOR ADVISORY COUNCIL TO NCUA Group of federally insured CUs would offer advice, guidance on insurance regulation, supervision ARLINGTON, Va. — An...
  • Ito remarks for NCUA Budget Briefing, Oct. 27

    STATE CU SYSTEM LEADER URGES NCUA BUDGET TRANSPARENCY NASCUS’ Lucy Ito focuses on 3 key areas in NCUA budget briefing statement Three key points about transparency of the NCUA budget...
  • Clarification sought for incentive-based compensation plan rule

    CLARIFICATION SOUGHT FOR INCENTIVE-BASED COMPENSATION PLAN RULE Impact on non-federally insured CUs, ‘grandfathered’ plans, and scope of proposal noted in comment letter ARLINGTON, Va . — A proposed NCUA rule...
  • Letter to House FSC leaders on 5-member NCUA Board

    NASCUS WRITES LAWMAKERS, NOTES INTEREST IN 5-MEMBER NCUA BOARD PROVISION Acknowledges ‘slight increase’ in expenses of expanding board NASCUS President and CEO Lucy Ito has written to House Financial Services...
  • EGRPRA comment letter filed

    EGRPRA COMMENT MAKES 13 RECOMMENDATIONS IN SIX AREAS Suggestions would amend existing rules, or exempt FISCUs from others Thirteen recommendations for regulatory changes in six different areas – some which...
  • 2015 Pierre Jay Award honoree named

    CONTACT: Patrick Keefe, NASCUS Communications/(703) 528-5974; pkeefe@nascus.org FORMER VERMONT REGULATOR HONORED WITH ANNUAL AWARD Tom Candon is 2015 ‘Pierre Jay Award’ honoree; contributions benefitted state system ARLINGTON, Va. — Tom Candon,...

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