WASHINGTON–CUNA and several its affiliated state credit union leagues have sent a letter to NCUA urging it to work with Congress to pursue additional tools to aid credit unions facing prompt corrective action (PCA) and other capital challenges.
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WASHINGTON—NAFCU wrote to the NCUA in response to the agency's interim final rule (IFR) renewing temporary prompt corrective action (PCA) regulatory relief for federally-insured credit unions (FICUs).
ALEXANDRIA, Va.—NCUA said it plans to conduct its second Diversity, Equity, and Inclusion (DEI) Summit in a virtual environment on Nov. 2–4.
ARLINGTON, Va.–With the FDIC, Congress and state regulators all discussing cryptocurrencies and other crypto-assets, what about NCUA and credit unions?
ALEXANDRIA, Va.–With two long-time priorities on the agenda of this week’s NCUA board meeting, both NAFCU and CUNA are eager to see what the agency has planned for regulations around CECL and the capitalization of interest.
WASHINGTON – The Federal Financial Institutions Examination Council (FFIEC), of which NCUA is a member, has released updates to four sections of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual (Manual).
WASHINGTON–Both the House and the Senate are in session this week.
SHELTON, Wash.–Two credit unions in Mason County here are offering details on how they plan to deploy the combined $1.83 million in Rapid Response Program (RRP) grant funding from the US Treasury Department.
ORLANDO, Fla.–The League of Southeastern Credit Unions and Affiliates (LSCU) has announced a new chairman and executive committee following its 12th Annual Business Meeting, as well as also announcing numerous honors for individuals and credit unions.
AUSTIN—The Texas Department of Banking in an official notice has authorized state-chartered banks to hold virtual currency for customers, as long as they have “adequate protocols” in place.