News stories tagged NCUA

Funds earn ‘clean’ opinions – but challenges lie ahead

(Feb. 19, 2021) While four funds administered by NCUA all earned unmodified or “clean” audit opinions for 2020, the agency’s inspector general still outlined a number of 2021 challenges for...

Board OKs joint ownership share accounts final rule

(Feb. 19, 2021) In other action Thursday, the NCUA Board unanimously approved a final rule on joint ownership share accounts, and heard a report on the new Emergency Capital Investment...

March 1 HMDA filing date coming up

(Feb. 12, 2021) Credit unions required to file reports on home mortgage loan applications made last year have until March 1 to do so, NCUA reminded this week in a...

New NCUA chair sees continuing partnerships with states as ‘invaluable’

(Feb. 12, 2021) A continuing partnership with state supervisors “will be invaluable” to ensuring a viable dual-chartering credit union system, NCUA Board Chairman Todd Harper said in a webinar Thursday,...

Trio of summaries look at CAMELS, CUSO lending, communications

(Feb. 5, 2021) Three summaries of recent NCUA proposals were posted this week by NASCUS, dealing with the addition of a new component to the examination rating system, lending  by...

Reg Alert details CFPB thresholds for Regs C, Z, V

(Feb. 5, 2021) A regulatory alert focusing on 2021 threshold adjustments published by CFPB for Regulations C, Z and V was issued this week by NCUA, noting that all three...

BRIEFLY: Harper, state regulators meet; FinCEN warns on health insurance frauds; Fed now slates FedNow payments service for 2023; Job opening in TX

(Feb. 5, 2021) New NCUA Board Chairman Harper met with state regulators this week during a regularly scheduled conference call of state regulators. During the hour-long “regulator to regulator” session,...

Capitalization of interest rule needs ‘expeditious’ decision, NASCUS writes

(Feb. 5, 2021) A proposed rule allowing credit unions to capitalize interest should be finalized “expeditiously,” NASCUS said in a comment letter to NCUA this week, noting its support for...

NCUA chairman taps chief of staff

(Feb. 5, 2021) Catherine Galicia – with a long resume of service on Capitol Hill — has been selected as chief of staff by Board Chairman Todd Harper, the credit...

Harper to outline priorities in Feb. 11 webinar

(Feb. 5, 2021) The new chairman of the NCUA Board will discuss his priorities for the agency and the credit unions it supervises during a 90-minute webinar set for next...

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...