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NCUA Holds Fourth Listening Session

Jun
15
NCUA Holds Fourth Listening Session

Several credit union leaders who spoke at the NCUA “Listening Session” in Orlando, FL last week said they are seeing improvements with their examiners, although some concerns about the examination process remain. About 80 people attended the session; most were from Florida but credit unions from Alabama, Kentucky, South Carolina, North Carolina, and Ohio were among those attending.

Posted By Sharon Bahr read more

CUNA Advocacy Report: May 21

May
21
CUNA Advocacy Report: May 21

 The latest CUNA Regulatory Advocacy Report is available and covers:

Posted By Sharon Bahr read more

CUNA Advocacy Report: May 14

May
14
CUNA Advocacy Report: May 14

The latest CUNA Regulatory Advocacy Report is available and covers:

Posted By Sharon Bahr read more

CUNA Advocacy Report: May 7

May
07
CUNA Advocacy Report:  May 7

The latest CUNA Regulatory Advocacy Report is now available and covers:

Posted By Sharon Bahr read more

NCUA "Listening Session" in Missouri June 5

May
02
NCUA "Listening Session" in Missouri June 5

National Credit Union Administration (NCUA) Chairman Debbie Matz is coming to Missouri to hold a listening session with credit unions.  It is an opportunity for credit union leaders to hear from Matz directly and ask questions.  The event takes place in St. Louis on June 5 and is free, but limited to 150 people.  The St. Louis meeting is one of six listening sessions taking place across the country.

Posted By abucaida@mcua.org read more

NCUA/CFPB Town Hall Meeting Summary

Feb
13
NCUA/CFPB Town Hall Meeting Summary

On February 8, the CFPB held a joint Town Hall Meeting with NCUA, which was webcast. NCUA will not be archiving it for several weeks, so we wanted to provide a short summary.

Posted By abucaida@mcua.org read more

CU Leaders Testify on Exam Fairness

Feb
02
CU Leaders Testify on Exam Fairness

On February 1, Ken Watts, President and CEO of the West Virginia Credit Union League, testified on behalf of CUNA before the House Financial Institutions Subcommittee on H.R. 3461, the Financial Institutions Examination Fairness and Reform Act. NCUA Executive Director Dave Marquis and JetStream Federal Credit Union CEO Jeanne Kucey also testified, along with representatives from the Federal banking regulators and other banking trade associations.

Posted By abucaida@mcua.org read more

Update on NCUA's Loan Participation Proposal

Jan
18
Update on NCUA's Loan Participation Proposal

A proposal was issued for comments at the National Credit Union Administration's (NCUA's) board meeting in December that would impose concentration limits on credit unions purchasing loan participations.

Posted By abucaida@mcua.org read more

GAO Report Issued Early

Jan
09
GAO Report Issued Early

 

A report from the U.S. Government Accountability Office (GAO) on corporate credit unions and how the National Credit Union Administration (NCUA) addressed the crisis was issued two days ahead of schedule on January 4.  Titled, “Earlier Actions Are Needed to Better Address Troubled Credit Unions,” the report examines the collapse of several corporate credit unions and the NCUA’s response.

Posted By Anonymous (not verified) read more

Proposed NCUA CLF Changes: Credit Union Input Requested

Jan
09
Proposed NCUA CLF Changes: Credit Union Input Requested

The National Credit Union Administration (NCUA) is preparing to unveil several significant changes to the Central Liquidity Facility (CLF).  These changes will have an impact on both natural person and corporate credit unions.    

NCUA will issue FAQs later this month that describe the changes contemplated for CLF, as a result of the demise of US Central.

Posted By Anonymous (not verified) read more

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