letter to credit unions

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Expiring homeowner protections outlined in letter

(Oct. 1, 2021) “Critical information” for compliance with expiring pandemic-era protection programs for homeowners are addressed in a letter to credit unions from NCUA this week. The letter (LTCU 21-CU-09),...

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...

Letter outlines limits on capitalizing loans

(Aug. 6, 2021) The financing of fees and commissions continue to be prohibited for federally insured credit unions, despite adoption of a new rule earlier this year allowing capitalization of...

Agency to open phase 1 of onsite operations

(July 16, 2021) The “first phase” of NCUA’s plan to resume onsite operations – including exams — will begin Monday, the agency said this week, with staff and contractors permitted...

Letters: stop using LIBOR ASAP

(May 21, 2021) Stopping the use of LIBOR as a reference rate as soon as possible as a year-end expiration date looms is encouraged for all federally insured credit unions,...

Summaries look at latest letters to CUs, alert from agency

(Jan. 29, 2021) NASCUS summaries of recent NCUA letters to credit unions – and a summary of a regulatory alert issued by the agency – are among the latest to...

CU provisions in COVID relief bill outlined

(Jan. 8, 2021) A number of provisions contained in the massive appropriations and coronavirus relief legislation signed into law Dec. 27 are highlighted by NCUA in a letter to credit...