NCUA

NCUA's capital proposal could irk banks and credit unions alike

01/22/20

The National Credit Union Administration plans to unveil new capital proposals on Thursday. It's a given that bankers won't like them, but credit unions could also find themselves disappointed.

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Bill would aid New York cabbies who can't make loan payments

01/17/20

Federal legislation introduced this week by Rep. Gregory Meeks, D-N.Y., would ensure that taxi drivers don't get taxed on medallion debt that gets forgiven. The bill dovetails with a debt forgiveness plan under development in New York, where hundreds of drivers have filed for bankruptcy.

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House passes bills to require more reports from bank regulators

01/14/20

Lawmakers advanced legislation that would require banking regulators to give annual testimony to lawmakers and would mandate regular reports on cybersecurity efforts.

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NCUA a day late and a dollar short after delaying capital rule

12/17/19

It's long past time for the National Credit Union Administration to implement a risk-based capital standard, and the recently approved delay could hurt more than it helps.

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Bankers may turn to Supreme Court in credit union membership suit

12/13/19

An appeals court on Thursday denied bank groups an en banc hearing from all 11 appellate judges, but bankers said Friday that they're considering turning to the Supreme Court.

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NCUA approves budget, delays capital plan. No one's happy.

12/12/19

The National Credit Union Administration board signed off on a controversial budget, and it delayed its risk-based capital rule to buy itself time amid complaints by bankers.

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Bankers give NCUA an earful over revamped membership proposal

12/10/19

More than 50 banks and banking groups responded to the National Credit Union Administration's call for public comment as it attempts to explain why a new field of membership provision won't permit redlining.

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NCUA follows bank regulators’ lead on home appraisals

11/21/19

A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.

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Now that script's been flipped, will more banks buy credit unions?

11/19/19

An Indiana bank is looking to complete the first outright purchase of a credit union since the financial crisis. Though hurdles exist, some industry observers say more such deals are doable.

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NCUA's Harper: Large credit unions need more oversight

10/30/19

The National Credit Union Administration board member is requesting comment on a proposal to create new consumer compliance measures for "large, complex credit unions."

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