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.

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...

Aug. 16, 2019 NASCUS Report

THIS WEEK: A dynamic 2019 Summit; ‘Document of cooperation’ signed; NCUA’s Hood lauds cooperation; Ito talks conversions, more, in report; Subordinated debt proposal on tap? — and more! IN THE PHOTOS: Clockwise, from...

Aug. 9, 2019 NASCUS Report

2019 Summit opens next week with 3 key events, solid program More than 18 hours of educational sessions covering a wide variety of topics of specific interest to the state...

Aug. 2, 2019 NASCUS Report

Delay for RBC offers time for fixing flaws, developing subordinated debt, NASCUS writes NASCUS supports a delay to 2022 of a rule mandating risk-based capital for some credit unions, but...

July 26, ’19 NASCUS Report

In wake of hearing, NASCUS seeks legislation for secure service to cannabis businesses Congress must swiftly pass legislation to ensure credit unions in states that have legalized cannabis use may...

July 19, 2019 NASCUS Report

In 2-1 vote, NCUA approves $1M CRE appraisal threshold Three regulatory actions – including approval on a split vote of a final rule for appraisals on commercial real estate –...