(Nov. 24, 2021) Fair lending and consumer compliance are on the agenda for a Dec. 1 webinar hosted by NCUA, the agency said this week. Registration for the 3 p.m. ET event, to run about an hour, is now open. Topics include 2022 consumer compliance exam scope activities, fair lending updates, 2021 consumer compliance exam scope activities, and regulatory updates, including the rule on capitalizing unpaid interest and the 2021 COVID-19 temporary mortgage servicing rule … Speaking of educational sessions: Don’t forget the Dec. 9 (at 2 p.m. ET) NASCUS 101 — a free, short webinar where participants learn from the NASCUS team how to make the most of an association membership. Among the topics addressed: What NASCUS is, how NASCUS contributes to the entire credit union industry, how to engage in the regulatory and legislative processes, collaboration with peers, committee and working group involvement, customized communications and more. The webinar is open to all members and prospective members. While it is free to participate, registration is required … Federal banking agencies Tuesday released summaries of their plans to provide “greater clarity” through next year on whether certain crypto-asset-related activities conducted by banks are legally permissible and “related expectations for safety and soundness, consumer protection, and compliance with existing law and regulations.” According to the agencies, the emerging crypto-asset sector “presents potential opportunities and risks to banking organizations, their customers, and the overall financial system” … Here’s to a happy and safe Thanksgiving holiday for all!
LINKS:
Registration: NCUA 2021 Consumer compliance and fair lending regulatory update
Register here for NASCUS 101, Dec. 9, 2 p.m. ET.
Joint Statement on Crypto-Asset Policy Sprint Initiative and Next Steps (PDF)
(Nov. 19, 2021) Just a reminder that Dec. 9 (at 2 p.m. ET) is the next NASCUS 101 — a free, short webinar where participants learn from the NASCUS team how to make the most of an association membership. Among the topics addressed: What NASCUS is, how NASCUS contributes to the entire credit union industry, how to engage in the regulatory and legislative processes, collaboration with peers, committee and working group involvement, customized communications and more. The webinar is open to all members and prospective members. While it is free to participate, registration is required. See the link below to do so today.
LINKS:
Register here for NASCUS 101, Dec. 9, 2 p.m. ET.
Two big opportunities are and will be available to you for learning more about NASCUS and the value it offers to the state system:
- A recording is now available of a demonstration webinar of CU Campus 365, held this week. CU Campus 365 is an online compliance training and professional skills learning platform for credit unions. Powered by BAI, the nation’s leader in training and research for financial institutions, CU Campus 365 provides access to more than 500 credit union compliance training courses and more than 150 professional-skills courses. The 30-minute webinar includes a high-level overview of how credit union supervisors and practitioners can leverage CU Campus 365. The webinar also describes CU Campus 365’s library of documents about various relevant policies that training managers need to meet examiner and management requirements. To find out more, see the link below.
- Hold Dec. 9, 2 p.m. ET, on your calendar for the next NASCUS 101, a free, short webinar where you can learn from the NASCUS team how to make the most of a NASCUS membership. Among the topics addressed: What NASCUS is, how NASCUS contributes to the entire credit union industry, how to engage in the regulatory and legislative processes, collaboration with peers, committee and working group involvement, customized communications and more. The webinar is open to all members and prospective members. To register, see the link below.
LINKS:
CU Campus 365 Information form
Register here for NASCUS 101, Dec. 9, 2 p.m. ET.
Mark your calendar for the latest episode of the NASCUS 101 series, coming up Oct. 14 (at 2 p.m. ET). This popular session covers, in just 30 minutes, NASCUS legislative and regulatory (L&R) resources, educational offerings and webinars, member engagement, as well as news and data.
Additionally, the program shows members how to volunteer for a committee or working group, personalize member communications and sign up for regulatory and security alerts – as well as how to connect with other members to exchange ideas and collaborate.
Also highlighted during the session: NASCUS’ latest product, Campus 365 (powered by BAI), which helps members hone their compliance and professional skills training, and more. The bi-monthly series — free and open to all NASCUS members — illustrates how collaboration among all 45 regulatory agency members, committees, credit unions, leagues, corporates, trade associations, and CUSOs can support the credit union system. NASCUS 101 is also scheduled for Dec. 9. There is no cost, but registration is required (see the link below).
LINK:
NASCUS 101, Oct 14; registration, more info
(Aug. 6, 2021) Three key and “must attend” events for many in the state system are just days ahead. Here’s a rundown of the NASCUS-sponsored sessions, by their respective dates:
- Aug. 12 (Thursday) — NASCUS 101: The latest episode in this popular series covers, in just 30 minutes, NASCUS legislative and regulatory (L&R) resources, educational offerings and webinars, member engagement, as well as news and data. Additionally, the program shows members how to volunteer for a committee or working group, personalize member communications and sign up for regulatory and security alerts – as well as how to connect with other members to exchange ideas and collaborate. Also highlighted during the session: NASCUS’ latest product, Campus 365 (powered by BAI), which helps members hone their compliance and professional skills training, and more. The bi-monthly series — free and open to all NASCUS members — illustrates how collaboration among all 45 regulatory agency members, committees, credit unions, leagues, corporates, trade associations, and CUSOs can support the credit union system. NASCUS 101 is also scheduled for Oct. 14 and Dec. 9.
- Aug. 16 – KY Examiner School (open to all examiners): State credit union examiners from are invited to this session, developed to help examiners build skill sets and enhance their knowledge around a core area of topics. The virtual program starts 9 a.m. and runs until 4 p.m., ET. Among the scheduled speakers are Mark DeBree, managing principal, and Aaron Martini, director ALM services, both of Catalyst Strategic Solutions; Rayleen Pirnie, NEACH; Glory LeDu, president, LeagueInfoSight LLC; Kevin Chiappetta, president, QuantyPhi; and Brian Knight, NASCUS executive vice president and general counsel.
- Aug. 17-18 – 2021 NASCUS State System Summit (S3): NASCUS’ flagship event of 2021 (presented virtually) is a unique event which brings together credit union regulators and practitioners for a mutual exchange of dialog, problem-solving, and shared resources within the system. Key sessions scheduled at the two-day event include: Employment Trends: What is the New Reality?; The Changing World of Real Estate and Mortgage Lending; The Economic Landscape: 2021 and Beyond; Appraisal Industry in Conflict: Implications for Credit Unions. Also on the agenda: A “state of the state system” address by NASCUS President and CEO Lucy Ito, and comments from NASCUS state regulatory and credit union leadership.
LINKS:
Aug. 12 NASCUS 101 (via the NASCUS Member Portal)
Aug. 16 KY Examiner School Virtual Event Agenda, Registration
Aug. 17-18 Agenda, registration for NASCUS 2021 State System Summit (S3)
(July 30, 2021) Just a reminder that the next episode of NASCUS 101 — the series of webinars that covers the many ways NASCUS members can reap the most of their memberships – is coming up Aug. 12. In just 30 minutes, the concise, but detailed, overview touches on NASCUS legislative and regulatory (L&R) resources, educational offerings and webinars, member engagement, as well as news and data.
Additionally, the program shows members how to volunteer for a committee or working group, personalize member communications and sign up for regulatory and security alerts – as well as how to connect with other members to exchange ideas and collaborate. Also highlighted during the session: NASCUS’ latest product, Campus 365 (powered by BAI), which helps members hone their compliance and professional skills training, and more.
The bi-monthly series — free and open to all NASCUS members — illustrates how collaboration among all 45 regulatory agency members, committees, credit unions, leagues, corporates, trade associations, and CUSOs can support the credit union system.
In addition to the August session, NASCUS 101 is also scheduled for Oct. 14 and Dec. 9. See the link below for more details, including registration.
LINK:
NASCUS 101 (via the NASCUS Member Portal)
(July 16, 2021) NASCUS 101 – the popular series of webinars that explains how NASCUS members can get the most out of their memberships – is just around the corner — set for Aug. 12 – and there’s plenty of time to register to attend.
The series of webinars covers the many ways NASCUS members can reap the most of their memberships, in just 30 minutes, with a concise, but detailed, overview touching on NASCUS legislative and regulatory (L&R) resources, educational offerings and webinars, member engagement, as well as news and data.
In addition to the August session, NASCUS 101 is also scheduled for Oct. 14 and Dec. 9. See the link below for more details, including registration.
LINK:
NASCUS 101 (via the NASCUS Member Portal)
(July 9, 2021) It’s time to register for NASCUS 101 – the popular series of webinars that explains how NASCUS members can get the most out of their memberships – set for Aug. 12.
The series of webinars covers the many ways NASCUS members can reap the most of their memberships, in just 30 minutes, with a concise, but detailed, overview touching on NASCUS legislative and regulatory (L&R) resources, educational offerings and webinars, member engagement, as well as news and data.
Additionally, the program shows members how to volunteer for a committee or working group, personalize member communications and sign up for regulatory and security alerts – as well as how to connect with other members to exchange ideas and collaborate. Also highlighted during the session: NASCUS’ latest product, Campus 365 (powered by BAI), which helps members hone their compliance and professional skills training, and more.
The bi-monthly series — free and open to all NASCUS members — illustrates how collaboration among all 45 regulatory agency members, committees, credit unions, leagues, corporates, trade associations, and CUSOs can support the credit union system.
In addition to the August session, NASCUS 101 is also scheduled for Oct. 14 and Dec. 9. See the link below for more details, including registration.
LINK:
NASCUS 101 (via the NASCUS Member Portal)
(June 18, 2021) Just a reminder that the first NASCUS 101 for 2021 – the popular series of webinars that explains how NASCUS members can get the most out of their memberships – is coming up next week (Wednesday, June 24). Registrations are still being taken. The series covers the many ways NASCUS members can reap the most of their memberships, in just 30 minutes, with a concise, but detailed, overview touching on NASCUS legislative and regulatory (L&R) resources, educational offerings and webinars, member engagement, as well as news and data.
The bi-monthly series — free and open to all NASCUS members — illustrates how collaboration among all 45 regulatory agency members, committees, credit unions, leagues, corporates, trade associations, and CUSOs can support the credit union system.
In addition to next week’s session, NASCUS 101 is also scheduled for Aug. 12, Oct. 14 and Dec. 9. See the link below for more details, including registration.
LINK:
NASCUS 101 (via the NASCUS Member Portal)
(May 28, 2021) The reserves-to-deposits-insured ratio of the FDIC’s Deposit Insurance Fund (DIF) slipped four points in the first quarter, to 1.25%, the lowest point in nearly four years. The minimum required level of the DIF is 1.35%; in September of last year, the FDIC published a restoration plan for the fund that provided for continued monitoring, but no change in assessment rates. The designated reserve ratio (DRR) for the fund is 2%, which the agency defines as the “the minimum level needed to withstand future crises of the magnitude of past crises.” The FDIC attributed the first quarter 2021 DIF reserve ratio drop to strong deposit growth (even though the fund’s reserves grew by $1.5 billion, to a total of $119.4 billion) … Also this week, the FDIC announced that bank net interest margins (a key profitability indicator) dropped to record lows in the first quarter – driven mostly by larger institutions … The first NASCUS 101 for 2021 will be June 24 – a change from the date published in last week’s NASCUS Report (June 10); mark your calendars accordingly! … Have a terrific (and safe) Memorial Day Holiday! (NASCUS’ offices will be closed that day)
LINKS:
FDIC-Insured Institutions Reported Net Income of $76.8 Billion In First Quarter 2021
NASCUS 101 (via the NASCUS Member Portal)
(May 21, 2021) NASCUS 101 – the popular series of webinars that explains how NASCUS members can get the most out of their memberships – is back for 2021. The series covers the many ways NASCUS members can reap the most of their memberships, in just 30 minutes. The concise, but detailed, overview touches on NASCUS legislative and regulatory (L&R) resources, educational offerings and webinars, member engagement, as well as news and data.
The bi-monthly series — free and open to all NASCUS members — illustrate how collaboration among all 45 regulatory agency members, committees, credit unions, leagues, corporates, trade associations, and CUSOs can support the credit union system.
Dates for webinars are: June 10, Aug. 12, Oct. 14 and Dec. 9. See the link below for more details, including registration.