News stories tagged NASCUS Report
NCUA Q2 2022 Summary: Lending, Assets, Insured Shares and Deposits Continue Growth
NCUA Releases Second Quarter Credit Union System Performance Data Sept. 7, 2022 — According to the latest financial performance data released today by the National Credit Union Administration, total loans...
Fed’s Top Banking Regulator Signals Tougher Merger Reviews
Federal Reserve’s Michael Barr highlights priorities in initial public remarks Sept. 7, 2022—The Federal Reserve’s new regulatory chief said Wednesday that the central bank is considering how to more-closely scrutinize...
FBI Report: More Than $1.26B Stolen from Crypto Sector in Q1 2022
Cyber Criminals Increasingly Exploit Vulnerabilities in Decentralized Finance Platforms to Obtain Cryptocurrency, Causing Investors to Lose Money SUMMARY The FBI is warning investors cybercriminals are increasingly exploiting vulnerabilities in decentralized...
Who Are the Best Credit Unions to Work For in 2022?
August 30, 2022 — The Great Resignation has made it difficult for businesses to retain and attract talent, but the institutions on this year’s Best Credit Unions to Work For...
BofA, BMO Push to Close Racial Property Ownership Gap
Aug. 31, 2022 — Bank of America and BMO Harris are leaning into real estate aid with programs designed to close the racial property ownership gap. Bank of America launched...
Top Tips for Securing Board-Level Buy-In for Cybersecurity Awareness Campaigns
August 24, 2022 — With CyberSecurity Awareness month fast approaching, information security professionals and data protection managers will be looking at how to secure board-level buy-in for company-wide cybersecurity awareness...
From Callahan: Subordinated Debt Levels Surge After Regulatory Changes
Aug. 22, 2022 — Updated rules from the National Credit Union Administration have resulted in a massive jump in the number of credit unions issuing subordinated debt and the overall...
Wolf in Sheep’s Clothing: How Malware Tricks Users and Antivirus
August 2, 2022 — One of the primary methods used by malware distributors to infect devices is by deceiving people into downloading and running malicious files, and to achieve this...
Difficulty Paying Bills Tops Pandemic High in US Census Survey
Difficulty Paying Bills Tops Pandemic High in US Census Survey (Bloomberg) — The share of Americans who report having difficulties paying their bills has surpassed its 2020 pandemic peak in...
GRAPH OF THE WEEK: Credit Card Delinquency Rates Inching Back Up
After a decline in consumer spending during the pandemic, the end of government relief programs has contributed to an increase in credit card usage – and a rise in delinquencies....
Former Coinbase Employee Charged in First-Ever Crypto Insider-Trading Case
Cryptocurrency insider-trading case could have broad ramifications for industry. Federal authorities brought the first-ever cryptocurrency insider-trading case Thursday, accusing a former Coinbase Global Inc. COIN 5.43%▲ manager of tipping off his brother and a friend...
July 21 NCUA Board Meeting Summary
Budget Briefing The NCUA board was briefed on the budget and current operating budget surplus. The surplus is primarily from lower staffing levels and vacancy rates resulting in decreased pay...