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.

May 22, 2020 NASCUS Report

THIS WEEK: NCUA Board offers relief on PCA … but consultation with states a must; Joint accounts proposal issued, overdraft rule tabled; No failures in Q1 — CAMEL 4s, 5s...

May 15, 2020 NASCUS Report

THIS WEEK: Remittance rule ‘finally’ issued; Board to look at overdrafts, joint accounts, PCA; ‘S’ for CAMEL still on agenda; CORONAVIRUS REPONSE — Alert urges advising members on loan waiting...

May 8, 2020 NASCUS Report

THIS WEEK: Charter for DC CUs takes effect; Regulators to testify in Senate; ‘Low income’ now includes military members; CORONAVIRUS REPONSE: 5 more summaries posted … CFPB offers ECOA FAQs...

May 1, 2020 NASCUS Report

THIS WEEK: CORONAVIRUS RESPONSE – Seven new NASCUS summaries published … Session provides economic outlook … Webinars offer operational help … CECL exemption sought … ‘wish list’ presented to Senate...

April 24, 2020 NASCUS Report

THIS WEEK: CORONAVIRUS RESPONSE – Interest in garnishment issue grows  … Resource list expands … Ito on importance of diverse FOMs in crisis … Rule offers 0% risk weight on...

April 17, 2020 NASCUS Report

THIS WEEK: CORONAVIRUS RESPONSE – More NASCUS summaries made available … States take on garnishments of pandemic payments … Insights from teleconferences … StateFocus looks at state PPP guidance …...

April 10, 2020 NASCUS Report

THIS WEEK: CORONAVIRUS RESPONSE – NASCUS pumps out summaries … New resources offer PPP help … Off-site exams earn press interest … Regulators clarify TDR use … PPP loans won’t...

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;...