Sept. 10, 2021 NASCUS Report

THIS WEEK: States pass $1 trillion asset mark; Summary outlines RFI on digital assets; Ruling sets payday loan rule effective date; Proposal would collect business loan data; LICUs split $1.5 million in grants; NASCUS 101 just ahead (Oct. 14); BRIEFLY: More time to comment on third-party risk management; Fact sheet explores supply chain security

States pass $1 trillion asset mark; keep hold of more than 50% of all

State credit unions now hold more than $1 trillion in assets, representing more than half of all assets held across the credit union system, the latest figures from NCUA show….

Summary looks at RFI on digital assets

(Sept. 10, 2021) NCUA’s request for information (RFI) on digital assets and related technologies is the latest summary posted on the association’s website; comments are due Sept. 27. Like all…

Ruling sets payday loan rule compliance date

(Sept. 10, 2021) Payment provisions in a 2017 rule on payday loans were upheld by a federal court in Texas this week, essentially turning back a challenge to the four-year-old…

Proposal would collect biz loan data from lenders

(Sept. 10, 2021) Helping regulators and the public better understand the business lending market is the stated aim of a new rule unveiled Sept. 1 by CFPB, according to its…

$1.5 million awarded to more than 100 LICUs

(Sept. 10, 2021) More than 100 low-income credit unions (LICUs) were awarded grants totaling $1.5 million to expand their outreach to underserved communities and improve digital services and security, the…

NASCUS 101 coming up Oct. 14

Mark your calendar for the latest episode of the NASCUS 101 series, coming up Oct. 14 (at 2 p.m. ET). This popular session  covers, in just 30 minutes, NASCUS legislative…

0 comments

BRIEFLY: Banks get more time to comment on third-party risk management guidance; Fact sheet looks at supply chain security

(Sept. 10, 2021) Banks have more time to comment on proposed guidance to help them manage third-party risk, with a new deadline of Oct. 18, the federal banking agencies said…

 

For more information about NASCUS publications, or to obtain permission to reprint a NASCUS publication, please contact NASCUS' Communications Department.