News & Resources

March 29, 2019 NASCUS Report

Panel sends cannabis legislation to House floor Legislation intended to clarify that credit unions and other financial institutions may provide banking services to legal cannabis-related businesses was passed by a...

March 22, 2019 NASCUS REPORT

House panel to consider bill giving clarity for serving cannabis-related businesses Legislation giving credit unions and other financial institutions more breathing room in providing services to cannabis-related businesses will be...

March 15, 2019 NASCUS Report

At GAC, state system out in force with meetings, greetings — and top issues Lawmakers, federal regulators, credit union trade groups, credit union industry groups and more were all in...

March 8, 2019 NASCUS Report

States expand shares of assets, memberships in 2018, year-end stats show State-chartered credit unions increased their share of total credit union assets in 2018, and saw their portion of memberships...

March 1, 2019 NASCUS Report

NCUA Board nominees headed for full Senate consideration Nominees for two seats on the NCUA Board were approved this week on a voice vote by the Senate Banking Committee; the...

Feb. 22, 2019 NASCUS Report

CFPB guide highlights payday payment issues A guide highlighting the payment-related requirements of the CFPB’s “Payday Lending Rule” was released Wednesday, with a key disclaimer that the guide does not...

Feb. 15, 2019 NASCUS Report

NCUA Nominees Todd M. Harper (second from left) and Rodney E. Hood (to his left) are sworn in before Thursday’s hearing. Also testifying (at left) Bimal Patel, nominee for Assistant...

Feb. 8, 2019 NASCUS Report

Citing interests of states, consumer bureau proposes big changes to payday lending rule Proposed rulemakings to eliminate the ability-to-repay provisions of the CFPB’s payday lending rule and delay the implementation...

Feb. 1, 2019 NASCUS Report

A big first: world’s largest FCU joins with support for dual-charter system Support for the dual-chartering system received a big shot in the arm this week as NASCUS welcomed Navy...

Jan. 25, 2019 NASCUS Report

Letter outlines concerns of state system over fidelity bond proposal’s impact Concerns that an NCUA-proposed regulation of fidelity bonds will adversely impact the dual charter system and credit unions generally...

Jan. 18, 2018 NASCUS Report

Plan sees SSAs working closely with NCUA; alternating exam pilot, MERIT emphasized A 2019 performance plan that includes an objective to “work closely with the state supervisory authorities to ensure...

Jan. 11, 2019 NASCUS Report

BSA/AML top priority for NCUA in ‘19 Bank Secrecy Act and anti-money laundering (BSA/AML) compliance are at the top of supervisory priorities for NCUA in the New Year, the agency...