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NCUA Sticks with XML as Banking Regulators Go XBRL

By Staff Writer

WASHINGTON - NCUA has found that its own customized XML-based software is most suitable for credit union call reports despite the other federal banking regulators' moves to XBRL. XBRL, or eXtensible Business Reporting Language, was created specifically for the reporting of business and financial data, according to XBRL International, a...

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Rethink FHLB Dividends Proposal, CUNA-NAFCU Ask FHFB

Community One FCU Earns SBA's Freedom Award

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Regulatory & Compliance Stories

July 04, 2006

SBA Honors Mountain America CU for Small Biz Commitment

WEST JORDAN, Utah - For its efforts in helping nearly 300 small businesses last year, Mountain America Credit Union was recently honored by the Small Business Administration.

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July 04, 2006

Bair Sworn In at FDIC

WASHINGTON-Former Treasury official Sheila Bair was sworn in last week as the 19th chairman of the FDIC.

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July 04, 2006

NAFCU Supports Collection of Information in Commercial Solicitations on Military Bases

ARLINGTON, Va.-NAFCU wrote the Office of Management and Budget in favor of the Department of Defense's request for comment on an information collection request concerning commercial solicitations on military bases.

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July 04, 2006

NCUA Vice Chairman Addresses RICUL Annual Meeting

BRISTOL, R.I. - NCUA Vice Chairman Rodney Hood tackled the tough issue of home financing as the featured speaker during the Rhode Island Credit Union League's 72nd Annual Meeting last week.

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July 04, 2006

Hood Participates in Roundtable of Community Credit Unions Dedicated to Serving the Underserved

NEW YORK-Just days after he voted against a rule curbing community credit unions' ability to adopt underserved areas, NCUA Vice Chairman Rodney Hood participated in a roundtable meeting on community chartered credit unions reaching out to the underserved. The roundtable coincided with the 20th Annual Meeting of Lower East Side...

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June 20, 2006

NCUA Stumps for Direct Deposit in Letter To Credit Unions

ALEXANDRIA, Va. - NCUA, in partnership with Treasury and other government entities, are working to spread the word about direct deposit and direct payment.

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June 20, 2006

NCUA Updates IS&T Questionnaire

ALEXANDRIA, Va. - NCUA alerted credit unions recently to updates to its Information System and Technology Program questionnaire. In a Letter to Credit Unions (06-CU-10), NCUA let credit unions know that the agency has updated its examination as a result of significant technology changes and revisions to its rules and...

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