ALEXANDRIA, Va.–The NCUA board has voted 3-0 to approve an interim final rulethat extends temporary adjustments to its prompt correction action (PCA) rules.
Fresh Today
ALEXANDRIA, Va.–The NCUA board has put out for 60-day comment a proposal that would adjust the asset threshold for credit unions supervised by its Office of National Examinations and Supervision (ONES).
ALEXANDRIA, Va.–The National Credit Union Share Insurance Fund (NCUSIF) finished 2021 with $20.735 billion in assets, up from $19.128 billion one year earlier, and while the overall news around the NCUSIF has been good, one board member is questioning the agency’s investment strategy.
ALEXANDRIA, Va.—The NCUA board will vote today on issuing an interim final rule on prompt corrective action.
WASHINGTON–For the first time since 2019, rates on the most popular type of home loan in the U.S. have topped 4%.
WASHINGTON—With one senator expressing some concerns around cryptocurrencies, the companies that sell it and crypto-related advertising, the Senate Banking Committee conducted a hearing on the President’s Working Group (PWG) on Financial Markets’ report on stablecoins.
WASHINGTON — The Consumer Financial Protection Bureau (CFPB) has unveiled what it says is a new process that makes it easier for the public to engage with the agency and request regulatory changes, while also requiring government employees and other individuals “who are paid to influence the agency’s rulemaking agenda behind the scenes” to also submit their petition for public inspection.
WASHINGTON—NAFCU has sent letter to the House calling for more federal support for community development financial institutions (CDFIs) and minority deposit institutions (MDI).
ST. PETERSBURG, Fla.–A new analysis of member card activity released by PSCU reveals the latest in members’ spending, examines several macroeconomic indicators affecting consumer preferences and behaviors, and takes a “deep dive” into the food category.
ALEXANDRIA, Va.—NCUA’s four funds again earned unmodified, or “clean,” audit opinions for 2021, according to audited financial statements released by the agency’s Office of the Inspector General.