News stories tagged NCUA Board

Board to consider proposal on succession planning, hear briefings

(Jan. 21, 2022) A proposed rule on succession planning at federal credit unions (under Part 701 of NCUA regulations), and a final rule on resetting civil monetary penalties (CMP), as...

Budget, 3 final rules, on packed board agenda

(Dec. 10, 2021) The 2022 budget, and three final rules — on mortgage servicing rights, subordinated debt and the complex credit union leverage ratio — are among the items the...

Spending plan includes 48 new positions

(Nov. 19, 2021) One of the key expenses proposed in the agency’s 2022 operating budget is the addition of 48 full-time equivalency (FTE) positions, according to NCUA budget documents released...

NCUA proposes another increase in OTR to partially fund 2022 operations

(Nov. 19, 2021) A $345.3 million 2022 proposed budget, funded partially from an increased amount of funds transferred from the federal credit union savings insurance program, was posted this week...

NCUA finalizes FCU ‘shared facility’ rule – with changes

(Nov. 19, 2021) Shared locations are service facilities for purposes of multiple common bond federal credit unions (FCUs) adding underserved areas to their membership bases, as are those with electronic...

NCUA Board to consider shared service rule, hear report on modernized exam tools, too

(Nov. 12, 2021) A final rule on field of membership (FOM) shared facility requirements will be at least one of the items on the Nov. 18 NCUA Board meeting agenda,...

Agency board members to lead DEI sessions

(Oct. 29, 2021) Each of three town halls will be led by a member of the NCUA Board at its diversity, equity and inclusion (DEI) conference set for three days...

New security systems just in time for rising cyber threats

(Oct. 22, 2021) Ransonware risks and threats to credit unions and other financial institutions are rising considerably, the NCUA Board was told Thursday, noting that the method now accounts for...

Ito: Expanded board needs state experience

(Oct. 1, 2021) Noting Harper’s comments about changes to the NCUA Board, NASCUS President and CEO said mandating that at least one board member have state credit union regulatory experience...

NCUA Board to consider proposal on subordinated debt, again

(Sept. 17, 2021) A proposed rule on subordinated debt will be on the agenda of the NCUA Board when it meets next week, according to an agenda published Thursday by...