Although the NCUA is already addressing key findings revealed in a national survey conducted by CUNA and its affiliated state league organizations, the trade association told Credit Union Times that the results still show room for improvement.
Trade group says agency already addressing key findings in its survey of 1,500 respondents about examination process.
The NCUA won’t require credit unions to adopt Basel III capital requirements, said director of Examination and Insurance Larry Fazio. However, as required by statute, he said the federal regulator will have to require credit unions maintain capital that is “comparable” what other regulators enforce.
Both NCUA Chairman Debbie Matz and Consumer Financial Protection Bureau Director Richard Cordray revealed developments in ongoing regulatory issues during a Feb. 5 webinar in which both answered questions from their credit union audience.
The Federal Home Loan Banks want to be included in the NCUA’s pending final emergency liquidity rule, according to a Jan. 31 letter to NCUA Board Chairman Debbie Matz and Board Member Michael Fryzel signed by the 12 FHLB presidents.
Agency working on credit union version of Basel III.
Regulator hints at change of heart over appropriate sources, in addition to CLF and Fed Discount Window, at Tuesday webinar.
Presidents of 12 Federal Home Loan Banks urge NCUA Board to consider them as an option to the CLF or Fed's Discount Window.
Sometimes things you didn’t think would affect you sneak up on you by surprise, whether out of nowhere or ignorance or you’re merely preoccupied with other things.
Dodd-Frank and credit unions, executive pay disclosure and why can't credit unions get some congressional kick?