News stories tagged Ito

NASCUS leader offers congratulations, thanks

(Jan. 29, 2021) On behalf of the state system, NASCUS President and CEO Lucy Ito congratulated new Chairman Harper, noting his experience with credit unions. “State regulators and credit unions...

For NASCUS, (almost) a realization of a long-time goal

(Jan. 15, 2021) Lucy Ito praised the NCUA Board for moving forward on expansion of the rating system to include the “S” component. “We’re almost at the finish line –...

NASCUS: Proposal demands careful review

(Jan. 15, 2021) NASCUS President and CEO Lucy Ito urged careful review of the proposal by the entire credit union system – and noted that federal law requires the agency...

OTR 2021 increase a sign for agency to reconsider expense allocation, Ito says

(Dec. 23, 2020) A 2021 budget of $341.4 million – with an overhead transfer rate (OTR) of 62.3% — was approved by the NCUA Board on a split vote of...

NASCUS: Final rule was long time in coming

(Dec. 18, 2020) NASCUS President and CEO Lucy Ito, in a press statement, praised the NCUA Board for finalizing the subordinated debt rule, noting the state system’s long support for...

Ito: Vigilance correct, but use of resources vital

(Nov. 20, 2020) NASCUS President and CEO Lucy Ito shared the board members’ call for vigilance, but also urged the agency to husband its resources, as NASCUS did in a...

Agency sets Dec. 2 budget briefing; NASCUS to speak

(Nov. 20, 2020) NASCUS’ Lucy Ito expects to present the state credit union system view on the next NCUA budget – particularly its impact for the overhead transfer rate (OTR)...

ON THE (virtual) ROAD: Leadership, competition lead podcast

Credit unions, their relationships with regulators, leadership during a national pandemic, and teambuilding are all discussed during a podcast NASCUS President and CEO Lucy Ito recorded with news aggregator CUInsight,...