Posts Tagged ‘NCUA Board’

NCUA Board eyes alternative capital rule

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 [...]

NAFCU committee urges NCUA Board against NCUSIF premium

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 [...]

3-6 bps share insurance premium expected in 2017

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 [...]

NCUA Board eyes budget, NCUSIF, more

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 [...]

5-year NCUA plan eliminates calendar-year exam cycle

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 [...]

NCUA Board to consider strategic plan July 21

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 [...]

Obama nominates Herrera to NCUA Board

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 [...]

Metsger appointed NCUA board chairman

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 [...]

NCUA first out with exec compensation proposal

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 [...]

NCUA bank notes reg, TCCUSF report slated March 24

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 [...]

MBL rule personal guarantee requirement ends May 13

MBL rule personal guarantee requirement ends May 13

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 [...]

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