News & Resources

June 7, 2019 NASCUS Report

Supplemental capital proposed rule should be issued, NASCUS letter advises Supplemental capital for complex and low-income designated credit unions should be the subject of a proposed rule by the agency...

May 31, 2019 NASCUS Report

‘SAFE’ cannabis bill would save money, give bump to deposits, report asserts Legislation intended to clarify that credit unions and other financials may serve cannabis businesses in states where it...

May 24, 2019 NASCUS Report

Proposal would expand non-member shares; NASCUS to review for impact on states, CUs Non-member and “public unit” shares of up to 50% of paid-in and unimpaired capital and surplus could...

May 17, 2019 NASCUS Report

NCUA Chairman Hood testifies at Congressional hearings; NASCUS’ Ito responds This week, NCUA Board Chairman Rodney Hood spent two days testifying alongside his fellow federal financial regulators before House and...

May 10, 2019 NASCUS Report

NCUA’s Hood, fellow federal regulators will offer testimony on Hill Back-to-back appearances before two congressional committees will keep new NCUA Board Chairman Rodney Hood busy next week as he offers...

May 3, 2019 NASCUS Report

NASCUS seeks changes in audit proposal While NASCUS supports many of the changes in NCUA’s proposed rule on supervisory committee audits, the association in its comment letter also noted some...

April 26, 2019 NASCUS Report

Summary: Proposal to ease loan incentive limits affects FISCUs too A new, proposed regulation that would ease limits on incentive compensation for credit union employees related to loans covers federally...

April 19, 2019 NASCUS Report

New, full NCUA Board meets, issues proposal on loan compensation plans; notes state roles Permitting credit unions to offer competitive compensation plans related to loans and lines of credit without...

April 12, 2019 NASCUS Report

Big changes at NCUA: new chairman, new member, full 3-person board A new chairman, a new board member, and a full board complement for the first time in nearly three...

April 5, 2019 NASCUS Report

NATIONAL STATE REGULATORS MEETING Three days of supervisors discussing issues, sharing ideas The three-day 2019 National Meeting of state regulators from around the nation this week in the Washington area...

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...