Summaries
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Letter to Credit Unions: LIBOR Transition
Letter to Credit Unions 21-CU-03 LIBOR Transition May 2021 NCUA issued LTCU 21-CU-03 to discuss issues related to the end of the publication of the London Inter-bank Offered Rate (LIBOR)... -
CFPB Delays Mandatory Compliance Date of General Qualified Mortgage (QM) Final Rule Under Truth in Lending Act
21-RA-06 CFPB Delays Mandatory Compliance Date of General Qualified Mortgage (QM) Final Rule Under Truth in Lending Act June 2021 Earlier this year, NCUA issued Regulatory Alert 21-RA-01 to provide... -
21-RA-07 Equal Credit Opportunity Act (Regulation B)
21-RA-07 Equal Credit Opportunity Act (Regulation B) June 2021 NCUA’s Regulatory Alert 21-RA-07 discusses the CFPB’s March 2021 interpretive rule clarifying the scope of the prohibition against sex discrimination in... -
Letter to Credit Unions: 21-CU-04 Renewal of PCA Relief
Letter to Credit Unions 21-CU-04 Renewal of PCA Relief June 2021 NCUA issued LTCU 21-CU-04 to inform credit union of the agency’s renewal of regulatory relief related to PCA rules... -
Policy for Setting the Normal Operating Level NCUSIF
Request for Comment: Policy for Setting the Normal Operating Level NCUSIF Prepared by NASCUS Legislative & Regulatory Affairs Department May 2021 In 2017, NCUA closed the Temporary Corporate Credit Union Stabilization Fund... -
Temporary Regulatory Relief in Response to COVID–19 — Prompt Corrective Action
Interim Final Rule Summary: Temporary Regulatory Relief in Response to COVID–19 — Prompt Corrective Action Parts 702 Prepared by NASCUS Legislative & Regulatory Affairs Department May 2021 NCUA issued an... -
NCUA Summary: Evaluating LIBOR Transition Plans
Letter to Credit Unions 21-CU-03 LIBOR Transition May 2021 NCUA issued LTCU 21-CU-03 to discuss issues related to the cessation of the publication of the London Inter-bank Offered Rate (LIBOR)... -
Summary: Interim Final Rule Summary Asset Thresholds
Interim Final Rule Summary Asset Thresholds (Parts 700, 702, 708a, 708b, & 790) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 To help credit unions manage the accelerated... -
Summary: Joint Ownership Share Accounts
Final Rule Summary: Joint Ownership Share Accounts (Part 745) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA has issued a final rule amending its rules regarding what... -
Summary: Corporate Credit Unions
Final Rule Summary: Corporate Credit Unions (Part 704) Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA has... -
Summary: NCUA 2021 Regulatory Review
Summary: NCUA 2021 Regulatory Review Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021 The NCUA maintains a rolling review schedule that identifies 1/3 of the agency’s existing regulations... -
Summary: Regulatory Alert 21-RA-04 HMDA Data Collection Requirements for Calendar Year 2021
21-RA-04 HMDA Data Collection Requirements for Calendar Year 2021 February 2021 NCUA Regulatory Alert 21-RA-04 to provide additional HMDA filing information for credit unions meeting the following criteria and...