NCUA Summaries and Comment Letters

2024 Summaries and Comment Letters

Date Subject NASCUS Comment Letter Corresponding Summary
December NCUA Final Rule: Succession Planning Available
November NCUA Staff Draft Budget Justification 2025 – 2026 Available
November NCUA Call Report Changes (Form 5300) Available
October Final Rule: Simplification of Share Insurance Rules Available
October Final Rule: Fair Hiring in Banking Available
October NCUA Proposed Rule: Anti-Money Laundering and Countering the Financing of Terrorism Program Requirements Available Available
September NCUA Proposed Rule: Succession Planning Available Available
August Proposed Rule: Incentive-Based Compensation Arrangements Available
August NCUA Regulatory Publication and Voluntary Review as Contemplated by the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) Available Available
June NCUA Request for Comment: 748 Security Program, Suspicious Transactions, Catastrophic Acts, Cyber Incidents, and Bank Secrecy Act Compliance Available
June Advanced Notice of Proposed Rulemaking NCUA Part 749: Records Preservation Program and Appendices – Record Retention Guidelines; Catastrophic Act Preparedness Guidelines Available Available
February NCUA Request for Comment: Overhead Transfer Rate Methodology Available
February Final Rule Summary: Minority Depository Institution Preservation Program

2023 Summaries and Comment Letters

Date Subject NASCUS Comment Letter Corresponding Summary
December NCUA 2024 FINAL Budget Available
December Final Rule Summary: Charitable Donation Accounts Available
December Notice of Proposed Rulemaking and Request for Comment: NCUA Parts 701, 741, 746, 748, and 752: Fair Hiring in Banking Available Available
November NCUA 2024 Proposed Budget Summary Available Available
November NCUA Rules 745: Simplification of Share Insurance Rules Available Available
September NCUA Rules 701 and 714: Financial Innovation – Loan Participations, Eligible Obligations, and Notes of Liquidating Credit Unions Available
July Minority Depository Institution Preservation Program Proposed Interpretive Ruling and Policy Statement Available Available
July Notice and Request for Comment on the Existing Operating Fee Schedule Methodology Available Available
July Final Rule Summary: Federal Credit Union Bylaws (Addressing Member Expulsion) Available
June Proposed Rulemaking NCUA Part 721: Charitable Donation Accounts Available
June 2023 Regulatory Review Available
April Request for Information: Climate-Related Financial Risk Available Available
>March Final Rule Summary: Subordinated Debt Available
March Notice of Proposed Rulemaking and Request for Comment: Chartering and Field of Membership Available
March NCUA Final Rule Summary: Cyber Incident Notification Requirements for Federally Insured Credit Unions Available
January NCUA Proposed Rulemaking Summary 2022-0185 NCUA Rules 701 AND 714: Financial Innovation: Loan Participations, Eligible Obligations, and Notes of Liquidating Credit Unions Available Available

2022 Summaries and Comment Letters

Date Subject NASCUS Comment Letter Corresponding Summary
November Final Rule Summary: Appraisal Subcommittee; Appraiser Regulation; Temporary Waiver Requests Available
October NCUA Draft 2023-2024 Budget Justification Available NASCUS Testimony
October Proposed rule: Subordinated Debt  Available Available
September Federal Credit Union Bylaws Relating to Expulsion of a Member Available
August Final Rule Summary: Asset Threshold for Determining the Appropriate Supervisory Office; Office of National Examinations and Supervision (ONES) Available
August Regulatory Review Available
August Joint Policy Statement Summary: Prudent Commercial Real Estate Loan Accommodations and Workouts Available Available
July Cyber Incident Notification Requirements for Federally Insured Credit Unions Available Available
May Rules of Practice and Procedure Available Available
May
Available
March Asset Threshold for Determining the Appropriate Supervisory Office (ONES) Available Available
February PCA Interim Final Rule Prompt Corrective Action: Earnings Retention Waivers and Net Worth Restoration Plans Available Available

2021 Summaries and Comment Letters

Date Subject NASCUS Comment Letter Corresponding Summary
November Draft Strategic Plan 2022-2026 Available
October Credit Union Service Organizations (CUSOs) Available
October Subordinated Debt

 

 Available Available
August Digital Assets & Related Technologies Available Available
August Capital Adequacy: The Complex Credit Union Leverage Ratio; Risk-Based Capital Available
May Policy for Setting the Normal Operating Level NCUSIF Available Available
April Temporary Regulatory Relief in Response to COVID-19-Prompt Corrective Action Available Available

Corresponding Letter to Credit Unions Summary
March Central Liquidity Facility Available Available
March Asset Thresholds (Parts 700, 702, 708a, 708b, & 790) Available Available
February Capitalization of Interest in Connection With Loan Workouts and Modifications Available
February Role of Supervisory Guidance (Part 791, Subpart D) Available Available
February ANPR, Simplification of the RBC Requirements (Parts 702 & 703) Available Available
February Proposed rule: CAMELS Rating System Available Available
February Proposed rule, Risk-Based Net Worth — COVID 19 Relief; Complex credit union threshold (Part 702) Available Available
February NCUA 2021 Regulatory Review Available Available
January Proposed Rule: CUSOs (part 712) Available Available
January Request for Information, NCUA Communications & Transparency

 

 Available Available
October CAMELS Rating System Available
June Final Rule Summary: Derivatives (Parts 701, 703, 741, & 746) Available
Final Rule Summary: Transition to CECL (Part 702)  Available
June Final Rule Summary: Capitalization of Interest (Parts 741)  Available
April Request for Information & Comment: Extent to Which Model Risk Management Principles Support Compliance with BSA/AML & OFAC Available
March Loans in Areas Having Special Flood Hazards; Interagency Questions and Answers Regarding Private Flood Insurance Available
March Final Rule Summary: Corporate Credit Unions (Part 704) Available
March Final Rule Summary: Joint Ownership Share Accounts (Part 745) Available

2020 Summaries and Comment Letters

Date Subject NASCUS Comment Letters Corresponding Summaries
December NCUA Proposed Rule, Role of Supervisory Guidance (Part 791, Subpart D) Available Available
December Final rule, corporate credit unions (Part 704) Available Available
November Proposed rule, Derivatives Part 703 (FCUs only) Available Available
October NCUA request for comment, Overhead Transfer Rate Methodology and Operating Fee Schedule Methodology Available
July Proposal on Transition to CECL methodology Available
July RFI: Strategies for Future Examination and Supervision Utilizing Digital Technology  Available Available
June Joint Ownership Accounts  Available Available
May Interim Final Rule: Regulatory Capital PPP Lending Facility and PPP Loans  Available Available
April Final Rule Part 722 Appraisals 

 

 Available Available
April Temporary Regulatory Relief in Response to COVID-19  Available Available
April Interim Final Rule Part 725 Central Liquidity Facility 

 

 Available Available
March Proposed Rule Corporate Credit Unions  Available Available
March Proposed Rule: Subordinated Debt

 

 Available
February NCUA Regulatory Review  Available Available
January Proposed Subpart D to 708a Combination Transactions with Non-Credit Unions  Available Available