News & Resources

NASCUS Report is a weekly publication, highlighting the activities of your association, what we see coming ahead of primary interest to you and your issues – and insights about what it all means from our perspective at NASCUS.

Nov. 15, 2019 NASCUS Report

THIS WEEK: NCUA Board looks at ‘2nd chance’ statement, appraisals; Summary outlines non-member share rule; Regulators gear up for switch from LIBOR; State-by-state ‘well-being’ report issued; Exam council updates biz...

Nov. 8, 2019 NASCUS Report

THIS WEEK: Regulators consider appraiser shortages; Comments due date set for FOM proposal; Summit looks at diversity, inclusion …; … assessments due Jan. 15; Small biz webinar, part 2, coming;...

Nov. 1, 2019 NASCUS Report

THIS WEEK: NCUA proposes 2020 budget, with increase in OTR; Harper wants consumer compliance exams for big CUs; House takes action on AML/BSA; Bill would require twice-annual regulator testimony; Rule...

Oct. 25, 2019 NASCUS Report

THIS WEEK: Nonmember shares acceptance expanded … while new membership rules begin ‘phase in;’ Agency to extend excess insurance disclosures; Legislation updates AML rules; Bureau seeks participants for consumer law...

Oct. 18, 2019 NASCUS Report

THIS WEEK: CECL delay to 2023 gets nod; Regulators propose credit loss policy; NCUA to consider non-member shares, FOM; Bonds, appraisals rules take effect; Thresholds ahead for Facebook’s ‘Libra;’ Bureau...

Oct. 11, 2019 NASCUS Report

THIS WEEK: ‘Progress’ notes key state system items; ON THE ROAD: Bridging an issue for WA and ME; CA issues ‘no action’ letter on cannabis service; HMDA data exemption threshold...

Oct. 4, 2019 NASCUS Report

THIS WEEK: Cannabis banking bill to move in Senate? Bill sets priorities for BSA; ‘2nd Chance’ has laudable goals; Summary highlights PALS II; 1st CU Diversity, inclusion event set; TRANSITIONS:...

Sept. 27, 2019 NASCUS Report

THIS WEEK: House adopts cannabis-clarity bill … Ito: It’s ‘Imperative’ legislation for credit unions; State system legislative agenda detailed; Summary outlines supervisory committee audit rule; Former IL regulator named to...

Sept. 20, 2019 NASCUS Report

THIS WEEK: NCUA adopts some state system changes to supervisory committee audit rule; board issues new payday, bylaws rules for FCUs; Letter outlines LICU secondary capital; Summary looks at ‘2ndchance’...

Sept. 13, 2019 NASCUS Report

THIS WEEK: Hood — Subordinated debt proposal by year’s end; Ito: Talk to state regulators before rule on transactions; Harper: Keep the RBC rule effective date; Agency board to finalize three...

Sept. 6, 2019 NASCUS Report

THIS WEEK: States effectively hold half of all CU assets; Proposed rule ahead on CU bank purchases?; For one CU, acquisition means members benefit; In wake of court decision, phase-in seen for FOM...

Aug. 23, 2019 NASCUS Report

THIS WEEK: Appeals court backs FOM rules (mostly); Praise from both sides; NASCUS notes value of competitive charter; Guidance gives thumbs up to hemp business services; NASCUS advises caution; new interstate...