News & Resources
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 –...
July 12, ’19 NASCUS Report
Excise tax results in significant hardship; make changes, or rescind, NASCUS writes A 21% excise tax on some compensation for tax-exempt organizations’ executives – including credit union officials — results...
July 3, 2019 NASCUS Report
Bureau updates payday loan compliance guide The delay in the compliance date of the mandatory underwriting provisions of payday lending rules is reflected in an updated “small entity compliance guide”...
June 28, 2019 NASCUS Report
First-ever, sold out cannabis symposium gives state system broad view of issues A sell-out crowd of nearly 170 including regulators, credit union practitioners, both the marijuana and hemp industries, “CannaTech”...
June 21, 2019 NASCUS Report
Board proposes two-year delay for RBC; will look at subordinated debt, other changes A two-year delay in the effective date of the risk-based capital (RBC) rule for complex credit unions...