As of Tuesday, NCUA had received 10,500 comment letters in response to its proposed field-of-membership rule, the agency said. NAFCU Director of Regulatory Affairs Alicia Nealon noted that number is a record amount of [...]
NAFCU Director of Regulatory Affairs Alicia Nealon is urging credit unions to send NCUA their field-of-membership comment letters before the Feb. 8 due date. In a NAFCU’s Compliance Blog post today, she details the [...]
Credit union board members will learn about federal rules addressing bank bribery, activities that may point to insider dealing and ways to prevent Bank Secrecy Act violations during a NAFCU webcast at 2 p.m. [...]
Now that NCUA's field of membership (FOM) adjustments have thoroughly marinated within our industry, it's time to get a reading on what's transpired so far and what's around the corner when it comes to these [...]
NAFCU is encouraging member credit unions to submit comment letters to NCUA on its member business lending proposal, and it offers a set of talking points they can use in doing so. Comments are due [...]
NAFCU senior staff will meet with Tim Segerson, deputy director of the NCUA Office of Examination and Insurance, today to discuss the Federal Financial Institutions Examination Council’s cybersecurity assessment tool. NAFCU Senior Vice President [...]
CFPB’s order that Fiserv turn over data regarding financial institutions’ overdraft data amounts to “extraordinary regulatory overreach,” NAFCU Director of Regulatory Affairs Alicia Nealon said in a statement reported Monday by Credit Union Times. [...]
CFPB should address the issues within its consumer complaint database before it turns its attention to launching a new consumer “compliment” database focusing on financial institutions, NAFCU’s Alicia Nealon said in a letter today [...]
Credit unions have just one more week to complete and submit their official comment letters on NCUA’s current risk-based capital proposal, and NAFCU’s regulatory advocacy team is encouraging members to give NCUA their [...]
An NCUA white paper made public recently on possible National Credit Union Share Insurance Fund reforms shows again that NCUA’s work to address perceived risks in the system lacks transparency, NAFCU’s Alicia Nealon [...]
NAFCU Director of Regulatory Affairs Alicia Nealon raised concerns about NCUA’s proposed reduction to the timeline for formulating and submitting capital plans required under the agency’s capital planning and stress testing rule. Nealon [...]
