An October 20 meeting with National Credit Union Administration (NCUA) Chairman Deborah Matz kicked off the Missouri-Kansas Hike the Hill. Credit union leaders from Missouri and Kansas discussed topics ranging from the Overhead Transfer Rate (OTR), the proposed member business lending rule, a potential field of membership (FOM) proposal, and account verification requirements.
If you are planning to participate in the Missouri-Kansas Hike the Hill - this Friday, September 25, is the deadline to register for the hotel room block. The advocacy event takes place on October 20-22, in Washington, D.C.
Registration is now open for the Missouri-Kansas Hike the Hill. The Missouri Credit Union Association (MCUA) and the Kansas Credit Union Association are holding the joint event in Washington, D.C. on October 20-22.
The National Credit Union Administration (NCUA) has introduced a Member Business Lending (MBL) Proposal that would make significant changes regarding credit union business loans to members. The MBL proposal comment period is now open and ends on August 31.
Rather than moving ahead with a proposal to require electronic filing by all credit unions, the National Credit Union Administration (NCUA) should instead encourage these credit unions to move toward electronic filing in a reasonable time, with a new rule, the Missouri Credit Union Association (MCUA) said in a
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.
Although it is the CFPB that has over 15 proposals and interim finals rules currently out for comment, we wanted to make sure you are also aware of the NCUA's RegFlex proposal. At its December meeting, the NCUA Board approved a proposed rule that would effectively eliminate the agency's Regulatory Flexibility program.