Regulatory & Compliance

"Entities should maintain records sufficient to allow them to make delayed submissions pursuant to bureau guidance."

According to one NAFCU official, the "NCUA does have the ability to give credit unions parity."

If passed, the bill would allow the NCUA to temporarily increase share insurance coverage for non-interest-bearing accounts.

CUNA asks the NCUA to delay the deadline for submitting Call Reports for at least 120 days, unless it's a critical need.

In a letter, Nussle urges leaders to ensure credit unions "are designated as essential services."

NAFCU's leader says, for example, CUs are left out of a proposal that would authorize loans to small businesses to pay their employees.