21aug20 – NASCUS

Featured Story

NASCUS ’21 S3: Leadership seated for 2021-22 terms

(Aug. 20, 2021) Continuing and new leadership for the state system was also seated during the NASCUS Annual Meeting, held in conjunction with S3. Serving as officers for 2021-22 for...

NASCUS ’21 S3: Surging virus variant dampens on-site exam resumption

(Clockwise from upper left: NASCUS’ Lucy Ito joins NASCUS Executive Vice President and General Counsel Brian Knight, and NCUA Office of Examination and Insurance Director Myra Toeppe in a discussion...

NASCUS ’21 S3: Ito opens ‘21 Summit with look at state system’s performance

(Aug. 20, 2021) State credit unions are growing their assets and members, spurred to some extent by the financial impact of the COVID-19 pandemic, NASCUS President and CEO Lucy Ito...

BRIEFLY: Complex credit union leverage ratio proposal published; Delta variant poses more economic risks; Agency plans webinar on modernized exam tools

(Aug. 20, 2021) A proposal by NCUA to create the new “complex credit union leverage ratio (CCULR)” framework — the credit union equivalent of the community bank leverage ratio (CBLR)...

Reg review letter urges reorganizing rules

(Aug. 20, 2021) Reorganizing its rules to lessen confusion over application of anti-money laundering rules, and working with state regulators to implement those rules, are among the recommendations made by...

NASCUS ’21 S3: Initiative seeks to strengthen state charter

(Aug. 20, 2021) Producing new and updating existing resources that will strengthen the state charter is the aim of new program introduced by NASCUS this week in conjunction with the...

NASCUS ’21 S3: Employment, economy, mortgages, appraisals discussed

(Aug. 20, 2021) Also featured at this year’s S3 conference: Discussion of the employment challenges and opportunities before credit unions resulting from the coronavirus crisis by nationally recognized employment and...

3 key summaries take on latest NCUA issuances

(Aug. 20, 2021) Summaries of three recent issuances from NCUA – on capitalizing loans, the rollout of the new examination tool, and on mortgage servicing rules – were published by...