Nov. 25, 2020 NASCUS Report
Posted November 25, 2020THIS WEEK: Change is here – and on the way – for NCUA Board; Thanks from state system to McWatters; Reform for board will involve Congress; Summary outlines derivative proposal; Changes advance hope for ‘S’ in CAMEL; GAO urges changes in CFPB privacy forms; Report says climate change presents key risks; Have you met CU Campus 365?; MI earns accreditation; Pierre Jay Award nominations due Dec. 31; BRIEFLY: Communications-/marketing position open
Change is here for NCUA Board (with more on the way soon)
(Nov. 25, 2020) Change is coming to the NCUA Board in the next 10 days or so, following change that already occurred late last week with the resignation of one…
Ito: Thanks to McWatters
(Nov. 25, 2020) NASCUS President and CEO Lucy Ito expressed the state system’s thanks to McWatters for his efforts as both a member and chairman of the NCUA Board for…
Reform for board will take congressional action
(Nov. 25, 2020) With changes coming to the membership of the NCUA Board, NASCUS believes now is a good time to consider some changes in how the NCUA Board is…
Latest summary takes look at derivative proposal
(Nov. 25, 2020) A proposal to modernize NCUA rules on derivatives, particularly to make it more “principles based” has been summarized by NASCUS and posted on the association’s website. The…
Systems changes advance hope for ‘S’ CAMEL piece
(Nov. 25, 2020) An “S” component (for market sensitivity) in the CAMEL examination rating system remains on the radar for NCUA in 2021, especially now that the agency’s information systems…
Time to change CFPB privacy forms, GAO finds
(Nov. 25, 2020) Model privacy forms from the CFPB that many credit unions and banks use to disclose their information-sharing practices to their members and customers should be updated, according…
Report finds climate change presents physical, transition risks
(Nov. 25, 2020) Physical risks posed to financial stability by climate change – even in the short term — include a sharp fall in asset prices and an increase in…
Have you met CU Campus 365 yet?
(Nov. 25, 2020) Have you met CU Campus 365 yet? Why not introduce yourself over the Thanksgiving holiday! CU Campus 365 is a new benefit for NASCUS credit union members…
MI earns prestigious accreditation for five years
(Nov. 25, 2020) The office of credit unions of the Michigan Department of Insurance and Financial Services has earned a five-year accreditation following an in-depth review and assessment by a…
Nominations for 2020 Pierre Jay Award due Dec. 31
(Nov. 25, 2020) Nominations for the NASCUS 2020 Pierre Jay Award – which recognizes the individuals, programs or organizations whose contributions have benefited the state credit union system in a…
BRIEFLY: Position open at NASCUS for communications/marketing professional
(Nov. 25, 2020) NASCUS seeks a highly self-motivated individual to develop and execute an integrated marketing communications strategic plan for the association. For details, see the link below. LINK: NASCUS…
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