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Missouri Sounds Off on Risk-Based Capital Proposal

Jun
03

Credit unions across Missouri and the Missouri Credit Union Association (MCUA) weighed in with concerns about the National Credit Union Administration (NCUA) Risk Based Capital (RBC) proposal. As the comment period closed on May 28, NCUA received more than 2,000 comment letters regarding the proposal.

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MCUA Files Comment Letter on NCUA's Voluntary Liquidation Proposal

May
07
MCUA Files Comment Letter on NCUA's Voluntary Liquidation Proposal

On May 2, 2014, the Missouri Credit Union Association (MCUA) filed a comment letter with the National Credit Union Administration (NCUA) on the agency’s proposed voluntary liquidation rule.

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MCUA Submits Comments on FRB's Reg CC Proposal

May
05
MCUA Submits Comments on FRB's Reg CC Proposal

The Missouri Credit Union Association (MCUA) submitted a comment letter on May 2, 2014, on the Federal Reserve Board’s (Board) Regulation CC proposed rule. MCUA generally supports efforts to improve the check clearing process and to account for the shift toward full

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CUNA Urges Credit Unions to Weigh-in on RBC Proposal

May
05
CUNA Urges Credit Unions to Weigh-in on RBC Proposal

The Credit Union National Association (CUNA) needs your help to make sure the National Credit Union Administration (NCUA) receives at least 1,000 comment letters on the risk-based capital (RBC) proposed rule. Commenting is easy, just click here for an automated letter-writing tool.

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MCUA Urges Credit Unions to Take Action on Heartbleed

Apr
14
MCUA Urges Credit Unions to Take Action on Heartbleed

Credit unions in Missouri are urged to take immediate action to address Heartbleed—a security flaw in OpenSSL software. This flaw may allow unauthorized access to passwords or other sensitive data on websites, email, online banking and network services. Initial estimates suggest nearly two-thirds of encrypted websites could be affected.

MCUA and iVia Exchange Services Reviewed

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Voice Concerns Over Risk-Based Capital Proposal with New Resource

Mar
20
Voice Concerns Over Risk-Based Capital Proposal with New Resource

Credit unions in Missouri are encouraged to take action and weigh in on the Risk-Based Capital proposal for credit unions with more than $50 million in assets.

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State Capitol Report - Nixon Calls Special Elections

Feb
06
State Capitol Report - Nixon Calls Special Elections

Governor Nixon Calls Special Elections for Open House Seats

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NCUA Finalizes Rule on Derivatives

Jan
27
NCUA Finalizes Rule on Derivatives

The National Credit Union Administration (NCUA) Board adopted a final rule last week to provide limited derivatives authority for federal credit unions to mitigate interest rate risk (IRR), which the Missouri Credit Union Association (MCUA) supported in its Comment Letter, dated

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CFPB and NCUA Adopt Supplemental Rule on Appraisals for "Higher-Priced Mortgage Loans"

Dec
19

The Consumer Financial Protection Bureau (CFPB), National Credit Union Administration (NCUA), and other federal financial regulators adopted a supplemental rule that amends Reg Z-changes made by a January 2013 final rule* regarding appraisals for “higher-priced mortgage loans” (HPML)— formerly referred to as “higher-risk mortgages.” For certain mortgages with an APR that exceeds the average prime of

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