If the NCUA board’s proposed $30 million limit to define small credit unions stands, 1,603 credit unions would be excluded from risk-based net worth requirements and a provision of the interest rate risk rule, according to the NCUA’s action memo on the topic.
The NCUA is making efforts to streamline that can often go unnoticed when so many other compliance issues have been hitting credit unions. Some, such as Dodd-Frank requirements, are beyond the agency’s control. Others like the CUSO and participations rules are seemingly in perpetual limbo, lurking in a corner for...
Is the NCUA is throwing good money after bad?
ALEXANDRIA, Va. — Increase among proposed rules approved Thursday by NCUA Board at its meeting Thursday.
CUNA and NAFCU: Regulatory relief proposals from the NCUA Board on Thursday will, in general, benefit credit unions.
The NCUA is moving 14 credit unions out of the shoebox and into the digital age with a donation of new laptop computers.
DENVER — The NCUA’s opt-in process for low income credit union designation may expand to include state-chartered credit unions, NCUA Chairman Debbie Matz announced last week during her keynote speech at the 2012 NASCUS Summit. The agency hopes to put the program into play later this month by working with...
DENVER — The NCUA will introduce a new regulatory relief package at its Sept. 20 board meeting, Chairman Debbie Matz said Wednesday.
Lakota Federal Credit Union will be a low-income designated credit union.
Sessions focus on proposed liquidity rule, changes to CLF and the Low-Income Credit Union eligibility initiative.