Board Determines Amendment to Wisconsin Member Business Loan Rule Is Permissible
The NCUA Board unanimously determined an amendment to section DFI-CU 72.02 of the Wisconsin Member Business Loan rule is no less restrictive than the NCUA’s definition as required by Section 723.10(a) of the NCUA’s Member Business Loan and Commercial Lending rule.
Maybe we focus on interest rate caps for predatory lenders, not credit unions
Interest rate caps on already heavily regulated credit unions - while payday and other predatory lenders run roughshod over Americans - makes zero sense. What we should be…
Comment Period for Chartering and Field of Membership Proposal Closes May 30
Stakeholders have until May 30 to submit comments on the NCUA’s proposed rule amending its chartering and field-of-membership rules.
Comment Period for Climate-Related Financial Risks to Credit Unions RFI Now Open
The NCUA Board approved a request for information seeking comments on current and future climate and natural disaster risks to federally insured credit unions, related entities, their members, and the National Credit Union Share Insurance Fund.
NCUA Board Approves Request for Information on Climate Financial Risk
The National Credit Union Administration Board held its fourth open meeting of 2023 and approved a request for information on climate-related financial risk
NCUA Research Examines Credit Union Exposure to Climate-Related Physical Risks
The NCUA’s Office of the Chief Economist today released a Research Note finding that roughly one-quarter of all federally insured credit unions are in communities classified as having a relatively high or very high risk of experiencing negative effects due to natural hazards.
NCUA Releases 2022 Annual Report
The National Credit Union Administration today released its 2022 Annual Report, highlighting the agency’s activities, policy initiatives, and accomplishments for the past year.
NCUA Board Approves Final Subordinated Debt Rule to Support ECIP Participation
The National Credit Union Administration Board held its third open meeting of 2023 and approved a final rule on subordinated debt.
NCUA’s 2023 Supervisory Priorities
Outlining the NCUA’s supervisory priorities and other updates to the agency’s examination program for 2023.
NCUA Board Approves Risk Appetite Statement; Briefed on Central Liquidity Facility and Cybersecurity
The National Credit Union Administration Board held its ninth open meeting—and second in person—of 2022, and approved the agency’s Enterprise Risk Appetite Statement
NCUA Board Briefed on Post-Examination Survey Project
Through a live webcast, the National Credit Union Administration Board held its sixth open meeting of 2022 and was
Senate Confirms Harper to Full Term on the NCUA Board
The U.S. Senate by a vote of 59 to 40 today confirmed Todd M. Harper to be a Member of the National Credit Union Administration Board for a term expiring on April 10, 2027