Oct. 8, 2021 NASCUS Report

THIS WEEK: Retiring NASCUS leader honored with award; Summaries outline letter, alert, proposal; CFPB proposal on biz lending data summarized; NCUA IG makes IT recommendations; NASCUS, state groups discuss issues; Lots of education ahead in November, December; BRIEFLY: LIBOR is over – so is ‘magical thinking;’ Have a great holiday weekend!

National award cites NASCUS leader’s ‘outstanding individual achievements’

(Oct. 8, 2021) NASCUS President and CEO Lucy Ito was named this week a winner of the 33rd Annual Herb Wegner Memorial Awards, widely considered the most prestigious honor in…

Summaries outline letter, alert, and proposed rule

(Oct. 8, 2021) Three new summaries were posted by NASCUS this week on: An NCUA regulatory alert on credit union credit card data submission to the CFPB; an NCUA letter…

Biz loan data collection proposal outlined

(Oct. 8, 2021) A summary of a proposal by the CFPB to collect business loan data from lenders has been published and posted by NASCUS. Comments on the proposal are…

4 recommendations made to improve NCUA IT investment

(Oct. 8, 2021) Four recommendations to improve NCUA’s information technology investment management program are laid out in a report from the agency’s office of inspector general (OIG), made public this…

NASCUS, state groups discuss emerging issues

(Oct. 8, 2021) NASCUS gathered with state credit union association issues and policy professionals this week in Chicago to discuss emerging issues affecting state regulators and credit unions across the…

Full slate of education events ahead

(Oct. 8, 2021) Check that your calendars are clear for your participation in several NASCUS educational events coming up in November and December for credit union examiners and practitioners. Here’s…

BRIEFLY: LIBOR is over – so is ‘magical thinking,’ Fed supervisor tells group; Have a great holiday weekend!

(Oct. 8, 2021) LIBOR is coming to an end – for the most part, at the end of this year – and it’s time to stop “magical thinking” that it…

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