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.

April 3, 2020 NASCUS Report

This Week: CORONAVIRUS RESPONSE – Matrix offers quick reference; StateFocus reports latest actions; CARES Act provisions outlined; NCUA offsite exams to run to May 1; Comment periods extended; State system...

March 27, 2020 NASCUS Report

THIS WEEK: CORONAVIRUS RESPONSE – NASCUS engaged for state system; Stories sought from state system; CARES bill addresses CECL, CLF; CFPB puts hold on data collections; Agencies pledge to ease...

March 20, 2020 NASCUS Report

THIS WEEK: CORONAVIRUS RESPONSE: State system shares resources … NCUA outlines strategies … Savings safe, scams noted … Private insurance ‘well positioned’ … BSA concerns, swindles addressed … Fed, FDIC take...

March 13, 2020 NASCUS Report

THIS WEEK: Comments due July 8 on sub debt proposal; NCUA Board meeting closed to public this month; CFPB offers initiatives on advisory opinions, whistleblowers; Panel calls for big changes...

March 6, 2020 NASCUS Report

THIS WEEK: State CUs see strong asset growth, reach for half of total; Iowa regulator stalls CU buy of bank assets; Hemp production gets some leeway; TRANSITIONS in NV, AZ;...

Feb. 28, 2020 NASCUS Report

THIS WEEK: State system has presence at GAC; Legislation presented for FCUs; Hood looks forward to agency action; Taxi medallions, consumer protection discussed; Low-income, underserved webinar ahead; ‘Time-barred debt’ limits...

Feb. 21, 2020 NASCUS Report

THIS WEEK: Proposal offers subordinated debt investment trade-off; CECL/ACL policy adopted; Agency sells taxi medallion loan portfolio; Summaries outline bank acquisition proposal, review; FDIC names state supervisors to panel; ON...

Feb. 14, 2020 NASCUS Report

THIS WEEK: NCUA Board to meet on CECL actions; Reg review schedule announced; New reference rate averages to be published; Budget outlines cannabis, CFPB changes; Credit card debt at record...

Feb. 7, 2020 NASCUS Report

THIS WEEK: CFPB lists action for 2020; ‘QM rule’ will have new threshold; ‘FedNow’ comments under review, digital payments too; Banks look to states to block bank buys; BRIEFLY: Two...

Jan. 31, 2020 NASCUS Report

THIS WEEK: States offer thumbs up on appraisal proposal; CFPB outlines ‘common sense’ abusive acts definition; Bureau updates reporting agency list; Agency names enforcement official; Comments due March 30 on...

Jan. 24, 2020 NASCUS Report

THIS WEEK: In 2020’s first meeting, NCUA: issues sub debt proposal (which states appreciate, urge collaboration) … proposes clarifying bank acquisition rules (as states urge limited authority); Agency names new...

Jan. 17, 2020 NASCUS Report

THIS WEEK: NCUA board to consider subordinated debt proposal; Ito: Proposal deserves ‘due deliberation’; Summary looks at supervisory priorities; Bills address regulator cybersecurity, oversight; Agency seeks buyer for taxi medallion...