News & Resources

July 15, ’16 NASCUS Report

Bill requiring OTR transparency debuts in House Legislation requiring the NCUA Board to provide a rationale for any amounts it proposes to use from the share insurance fund – particularly...

July 8, ’16 NASCUS Report

CFPB to activate annual privacy notice exceptions Exceptions to an annual privacy notice requirement for financial institutions under certain conditions, and which implement a change in the law enacted late...

July 1, ’16 NASCUS Report

Lawmaker wants to introduce stand-alone OTR transparency bill Legislation mandating increased transparency for the calculation of the transfer of funds from the NCUSIF to the NCUA budget via the “overhead...

June 17, ’16 NASCUS Report

NCUA takes first step toward ‘S’ in CAMEL The first step toward installing into the CAMEL rating system an “S” component – which stands for “market sensitivity risk” – was...

June 3, ’16 NASCUS Report

Payday loan proposal opens to mixed reviews Proposed regulations of payday and other “small dollar” loan products were unveiled Thursday to mixed reviews by theConsumer Financial Protection Bureau. Essentially, the...

May 27, ’16 NASCUS Report

Op-ed outlines consistency voiced in OTR comments Comment letters about the overhead transfer rate (OTR) methodology show two consistent messages – that change is needed, and that thanks to NCUA...

May 20, ’16 NASCUS Report

Call report changes sought via comment, focus group A 60-day comment period, and an industry focus group, will be among the methods used for collecting feedback in the process of...

May 13, ’16 NASCUS Report

New NCUA Chairman takes aim at examination process A review of the NCUA examination process – including the frequency of exams – is being initiated by new NCUA Board Chairman...

May 6, ’16 NASCUS Report

Volume, range of commenters on OTR illustrate keen interest in issue As of May 3rd, NCUA has posted 39 letters filed in response to its notice for comments on its...

April 29, ’16 NASCUS Report

NASCUS letter: OTR flawed, fixes suggested Calling the overhead transfer rate methodology flawed and offering numerous recommendations to fix it, NASCUS filed a 22-page comment letter (accompanied by a 32-page...

April 22, ’16 NASCUS Report

WA regulator seeks OTR methodology revision Noting concern with the rising rate of the overhead transfer rate (OTR), and a corresponding declining rate for the federal credit union operating fee,...

April 8, ’16 NASCUS Report

OTR comments developing through idea sharing Comment letters on the overhead transfer rate methodology – due to NCUA by April 26 – are taking shape at NASCUS and among other...