The NCUA Board will vote on a proposed cyber incident notification rule and a final supervision asset threshold rule at its July 21 meeting. The meeting will be conducted via webcast starting at 10 a.m. ET on NCUA.gov.
Representatives from NCUA conducted two June briefings on how to charter, regulate and supervise credit unions, implement support programs for small credit unions and build a deposit insurance with the National Bank of Ukraine and Ukraine's Deposit Guarantee Fund
Federal regulators, including the Consumer Financial Protection Bureau and NCUA—issued the Spring 2022 Unified Agenda of Regulatory and Deregulatory Actions. The agendas identify projects under consideration from the agencies from June 1 to May 31, 2023.
Federally insured credit unions experienced growth in assets, shares and deposits, and loans outstanding over the year ending in the first quarter of 2022, according to the latest Quarterly U.S. Map Review released Tuesday by NCUA.
CUNA requested NCUA expand its Charitable Donation Accounts rule definition of “qualified charity” to CUNA calls for the definition to be expanded to include 501(c)(19) veterans organizations, in addition to the currently allowed 501(c)(3)s.
Credit unions can get valuable information for the upcoming June 2022 Call Report during an upcoming webinar hosted by NCUA on June 23 at 2 p.m. ET. Registration for the “Preparing for the June 2022 Call Report Cycle” webinar is now open.
The NCUA board will hear a briefing on its post-examination feedback survey at its June 16 meeting. The meeting is scheduled to begin at 10 a.m. ET. The meeting will be streamed live on NCUA.gov.
The Senate confirmed NCUA Chairman Todd Harper to a five-year term through 2027. Harper, who joined the board in April 2019 under President Donald Trump, was named chairman in January 2021 by President Joe Biden.
NCUA staff will discuss strategies for addressing an array of small credit union challenges in a rapidly changing financial services market at a June 22 webinar, “Small Credit Union Challenges.” Registration for the free webinar is now open.
Total loans outstanding in federally insured credit unions increased $136 billion, or 11.7%, over the year ending in the first quarter of 2022, to $1.30 trillion, according to the latest financial performance data released by NCUA. Total assets rose by $169 billion, or 8.7%, to $2.12 trillion, over the same time period.