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.
Low-income designated credit union is the first new charter for 2012.
More than 100 small credit unions awarded grants from among 331 applicants seeking more than $5 million.
The webinar is scheduled for 2 p.m. EDT on Tuesday and credit unions can register for the free event on the NCUA’s website.
NASHVILLE, Tenn. — NCUA resources are being disproportionately applied to small credit unions and skimping on large credit union supervision, NCUA Chairman Debbie Matz told NAFCU’s annual conference attendees during her general session address July 24
NASHVILLE, Tenn. — The NCUA will reconsider the $10 million threshold that currently defines small credit unions, its board chair said Thursday.
Agency outlines new program for credit union of $10 million or less.
NCUA Board member Michael Fryzel defended NCUA examiners in a June 11 letter to the editor after an online editorial accused the regulator of “trying to destroy small credit unions.”