Regulatory & Compliance

In part, the bill would restrict the reorganization of bureau units and limit the hiring of political appointees.

Credit unions continue to argue that they should not have to comply with CECL.

In its first comment on the new policy, the NCUA says it is agency policy to comply with such memos or orders when it can.

The equity distribution was the second since the Temporary Corporate Credit Union Stabilization Fund was merged with the SIF.

New York prohibits such deposits, but the legislature is considering legislation to allow credit unions to accept public deposits.

It remains to be seen if board members will continue their back-slapping tradition or if partisanship will surface.