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NCUA Issues letter to CUs on New Reporting Requirements

Oct
29
NCUA Issues letter to CUs on New Reporting Requirements

The National Credit Union Administration (NCUA) issued a letter to credit unions in advance of changes to the 5300 Call Report to replace existing reporting requirements on loan modifications with information on troubled debt restructurings (TDRs) specifically.  Revisions to the Call Report are necessary to implement requirements included in the Board’s May 2012

Posted By Sharon Bahr read more

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

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
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