Regulatory Affairs

Latest CFPB Updates 2019

Latest CFPB Updates 2019

NASCUS closely monitors CFPB developments and responds to request for comments on rules impacting the credit union system.
Proposed Rules, NASCUS Comment Letters and Recent Final Rule Summaries 2019

Proposed Rules, NASCUS Comment Letters and Recent Final Rule Summaries 2019

In response to NCUA rulemaking, the NASCUS Legislative & Regulatory Affairs staff crafts rule summaries and comment letters on wide-ranging topics that impact the state credit union system.
CFPB Rules and Summaries 2019

CFPB Rules and Summaries 2019

NASCUS maintains a compilation of CFPB proposed and final rules.

NASCUS Summary: Proposed NCUA Strategic Plan, 2010-2016

To view additional summaries of NCUA documents, click here. Prepared by the NASCUS Regulatory Affairs Department NCUA has issued for comments its strategic plan for the years 2011-2016. Here is the...

NCUA Letters to Credit Unions & NASCUS Summaries

View the 2014-15 NCUA Letters to Credit Unions archive here. 2017–2019 NCUA-Released Letters to Credit Unions and NASCUS Summaries 2016 NCUA-Released Letters to Credit Unions and NASCUS Summaries

NASCUS Summaries NCUA 2013 Legal Opinions

To view additional summaries of NCUA documents, click here. OGC Legal Opinion 13-0903 Low Income Credit Unions October 2013 NCUA was asked if a low-income designated community federal credit union (FCU) may...

NASCUS Summaries NCUA 2013 Letters to Credit Unions

Letter to Credit Unions No.: 13-CU-14 Projected 2014 Stabilization Fund Assessment and Share Insurance Fund Premium Range November 2013 NCUA has issued Letter to Credit Unions 13-CU-14 (LTCU 13-CU-14) to provide...

NASCUS Summaries NCUA 2012 Letters to Credit Unions

NCUA 2012 Letters to Credit Unions (LTCUs) Letter to Credit Unions No.: 12-CU-14 Scheduled Expiration of the TCCUSG & Unlimited Insurance on Noninterest-Bearing Transaction Accounts December 2012 NCUA published LTCU 12-CU-14...

OTR resources

Overhead Transfer Rate (OTR) Resources The “overhead transfer rate” is the percentage of annual expenses that the NCUA Board uses to determine the amount it will take from the National...

2016 Legal Opinions

To view archived legal opinions and NASCUS summaries, click here. OGC Legal Opinion 16-0604 Classification of MBLs August 2016 The question posed to NCUA was whether once a MBL was paid...