News stories tagged NCUA

Senate Confirms Harper to Full Term on the NCUA Board

June 8, 2022 – The U.S. Senate voted to confirm Todd M. Harper’s reappointment to the National Credit Union Administration (NCUA) Board until April 10, 2027. The U.S. Senate voted...

Member Benefit: NCUA Summaries

NASCUS has issued two summaries this week based on NCUA activities. Summaries require member log-in to review. The first was in response to Revised Guidance: Loans in Areas Having Special...

Members Only: NASCUS Posts Summaries on NCUA LTCUs and Risk Alerts

Letter to Credit Unions 22-CU-06: NCUA to Begin Phase 2 of Resuming Onsite Operations April 2022 Based on new guidance from the Centers for Disease Control and Prevention (CDC) and...

NCUA’s New Guide Simplifies, Clarifies Federal Credit Union Charter Application Process

The National Credit Union Administration released its new Charter Application Guide and other resources today to assist people who want to bring federally insured financial services to their communities by...

NCUA Board Member Rodney E. Hood’s Remarks at the Emerging Markets Coalition

Regulation is vitally important for the safety, soundness, and integrity of the financial system, and to ensure consumer protection and public confidence. Regulatory reform is perfectly consonant with those goals;...

NASCUS Summary on Recent NCUA Risk Alert – Heightened Risk of Social Engineering and Phishing Attacks

The on-going conflict in Ukraine has raised concerns about potential cyberattacks in the U.S., including those against the financial services sector. All credit unions and vendors, regardless of size, are...

2022 CUNA GAC Debrief

March 3, 2022 — The week-long Credit Union National Association’s Governmental Affairs Conference (CUNA GAC) is an event of learning, networking, and collaboration. This combination of partnership and cooperation couldn’t...

Summary LTCU: Equal Credit Opportunity Act Nondiscrimination Requirements

LTCU: (22-CU-04) Equal Credit Opportunity Act Nondiscrimination Requirements February 2022 The Equal Credit Opportunity Act  (ECOA) promotes the availability of credit to all creditworthy applicants without regard to race, color,...

Summary LTCU: Special Purpose Credit Programs

LTCU: (22-CU-03) Special Purpose Credit Programs February 2022 NCUA’s LTCU outlines the interagency statement reminding creditors of the ability under the Equal Credit Opportunity Act (ECOA) and Regulation B to...

NCUA in the News This Week

NCUA’s Funds Receive Clean Audit Opinions February 15, 2022 – The National Credit Union Administration’s four funds again earned unmodified, or “clean,” audit opinions for 2021, according to audited financial statements...

Alert reminds of threshold for collecting HMDA data

(Feb. 4, 2022) A reminder that federally insured credit unions must comply with rules governing disclosure in mortgage loans, particularly those meeting four criteria, is outlined by NCUA in a...