Links in “NCUA”
- Cordray Plays Favorites with Credit Unions
CFPB Director Richard Cordray spoke in an NCUA webinar Tuesday, emphasizing that many past and recent actions by the CFPB have been efforts to show support to credit unions and other small creditors. [2/11/15]
- NCUA: Calling All Outdated Regulations
Have an idea about which regulations should be reviewed by the NCUA this year? The NCUA is now accepting public suggestions on which regulations need to be reviewed in 2015. Suggestions must be received by August 3. [2/10/15]
- NCUA to Disclose Board Membersâ Travel Costs
NCUA Chair Debbie Matz says that they will begin providing an annual disclosure of the board membersâ travel costs in order to further enhance budget transparency. NAFCU is urging the board to go a step further and resume public budget hearings. [2/9/15]
- NCUA and SBA Suit Up
The NCUA and SBA (Small Business Administration) have formed a partnership with the goal of increasing the awareness of credit unions to programs offered by the SBA. [2/9/15]
- Lights, Camera, Action!
In what is defined as a âsignificant stepâ the NCUA will be streaming its open Board meetings live beginning on February 19th. [2/5/15]
- NCUA Mobile Device Security Not Adequate
According to a report issued by NCUAâs Inspector General the mobile devices, including iPhones, supplied by NCUA to its staff and contractors are not adequately secured to protect data and resources. [2/4/15]
- Presidentâs Budget Includes Some Benefits for Credit Unions
President Obamaâs proposed fiscal-year 2016 budget would increase the CDFI funding from $230 million to $233.5 million and would maintain the NCUA Community Development Revolving Loan Fund at $2 million. The borrowing authority for the NCUA Central Liquidity Fund would be set at $5.1 billion. [2/3/15]
- NCUA to Host Fair Lending Webinar
NCUA staff will conduct a free webinar on February 20th at 2:00 pm EST on fair lending and HMDA compliance. The webinar is designed to focus on the agencyâs examination process, best practices, and common HMDA reporting errors. [2/3/15]
- Gloves Are off Between NCUA Board Members
In a series of releases and footnotes to the January 15 board meeting minutes, NCUA Chair Debbie Matz and Board member Mark McWatters have accused each other of revealing confidential information from a legal opinion the agency obtained concerning its statutory authority for setting risk-based capital standards. McWatters voted against the revised RBC proposed rule. [2/2/15]
- NCUA Liquidates Credit Union in Philadelphia
NCUA has liquidated $4.2 million American Bakery Workers FCU. $1.6 billion TruMark Financial Credit Union has assumed the credit unionâs members, deposits, and most of the loan portfolio. [2/2/15]
