The NCUA Board has slated an advance notice of proposed rulemaking on alternative capital for its Jan. 19 open meeting, according to the agenda released Thursday. NCUA agency staff said in October that the ANPR [...]
NCUA board member J. Mark McWatters outlined a list of issues he would like to see tackled in 2017 in this month’s NCUA Report newsletter. In his column, McWatters credited enhanced communications between his [...]
The NAFCU Share Insurance, Liquidity and Development Fund Oversight Committee, made up of association member representatives, on Monday urged the NCUA Board to explore options that would negate the need for a share insurance premium [...]
NCUA staff told the NCUA Board Thursday that the 3-6 basis points share insurance premium estimated for 2017 would cost credit unions from $299.6 million to $599.2 million. NAFCU is urging the agency [...]
The NCUA Board today will vote on the agency’s 2017 and 2018 budgets and a final rule related to the Community Development Revolving Loan Fund. The board will also be briefed on the National [...]
The National Credit Union Administration (NCUA) on October 27 repealed the "core area" requirement when a federal credit union (FCU) applies for a community charter consisting of a portion of a Core Based Statistical Area ([...]
The NCUA Board Thursday announced the elimination of a calendar-year exam cycle for every federal credit union, and for all federally insured state-chartered credit unions with more than $250 million in assets as part of [...]
The NCUA board will consider its 2017-2020 strategic plan and receive a mid-session update on its 2016 budget when it meets on July 21. The agency made a draft of its strategic plan public earlier [...]
The White House yesterday announced it would nominate Self-Help Credit Union SVP for Hispanic and Latino Affairs John A. Herrera to the NCUA board. Herrera would probably be a great board member, but the odds [...]
President Barack Obama on Wednesday nominated John A. Herrera of North Carolina to the NCUA Board. NAFCU President and CEO Dan Berger called Herrera and extended congratulations upon learning of the impending nomination. The president [...]
Recent actions by the Congress of the United States in proposing legislation aimed at providing regulatory relief for credit unions sends a clear and distinct message to the NCUA Board. Address the issues that that [...]
President Obama selected NCUA Vice Chairman Rick Metsger as the NCUA board’s new chairman Monday. He replaces Debbie Matz, who left her position at the end of April. Metsger joined the NCUA board in [...]
The NCUA Board on Thursday in a 3-0 vote released an interagency proposed rule aimed at preventing executive compensation that is excessive or could lead to material losses in credit unions. While revised from a [...]
The NCUA Board will finalize its NAFCU-supported proposal that essentially expands the authority of federal credit unions to invest in bank notes during its open meeting March 24, according to the agenda released Thursday. The [...]
The personal guarantee requirement of NCUA’s current member business lending rule will be eliminated as of May 13. The final, NAFCU-supported rule, effective Jan. 1, 2017, is set to be published in the Federal [...]
