NCUA

NCUA extends comment period for credit union-bank purchase proposal

03/30/20

The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend.

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Regulators back small-dollar loans to help consumers in crisis

03/26/20

The joint statement said examiners will not impede banks’ responsible efforts to offer open lines of credit, closed-installment loans or other products to borrowers dealing with fallout from the pandemic.

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Agencies tell banks they will not be criticized for loan modifications

03/22/20

Accommodations for borrowers affected by the coronavirus pandemic, such as payment delays and fee waivers, are "positive and proactive actions that can manage or mitigate adverse impacts," the regulators said.

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Sherrod Brown calls on regulators to suspend non-coronavirus rulemaking

03/20/20

The Ohio Democrat argued that the public wouldn't be able to meaningfully provide feedback on rules given the stressful circumstances related to the outbreak.

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ABA asks Supreme Court to settle disputed credit union membership rule

03/11/20

The banking lobby asserts that the NCUA's field-of-membership rule goes beyond the agency's legal mandate.

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Regulators pledge assistance to banks affected by coronavirus

03/09/20

State and federal officials committed to providing “appropriate regulatory assistance” to banks whose customers may be hurt by the coronavirus outbreak and said prudent measures would not be subject to criticism by examiners.

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Democrats urge regulators to offer lenders more coronavirus guidance

03/09/20

Sen. Mark Warner led a group of Democratic senators in calling on bank, credit union and GSE regulators to give detailed instructions on helping consumer and commercial borrowers hurt by the COVID-19 outbreak.

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Wells board members quit; BofA quizzing clients on virus

03/09/20

Elizabeth Duke and James Quigley step down from board; the bank is asking corporations to divulge their exposure and preparations as part of risk assessment.

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CUNA chief and NCUA at odds on bank purchase guidance

02/26/20

The debate centers on whether guidance on credit union-bank mergers is necessary.

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Banks are worried about NCUA’s new sub debt rule. Should they be?

02/25/20

Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity.

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