8 takeaways from NCUA's 3Q state-level data
A new report from the National Credit Union Administration showed institutions in many states are struggling with a deluge of deposits while their lending opportunities are drying up. ... Read full article
A new report from the National Credit Union Administration showed institutions in many states are struggling with a deluge of deposits while their lending opportunities are drying up. ... Read full article
This is the first time the agency has had a vice chairman since 2014. ... Read full article
The spending plan passed in a party-line vote, but board member Todd Harper's objections indicate he could push for closer oversight if President-elect Joe Biden elevates him to the chairmanship. ... Read full article
Starting in 2022, hundreds of newly eligible institutions will be able to raise funds from investors. Bankers argued that the change will further blur the line between the two industries. ... Read full article
Credit union trade groups said the regulator’s spending plan indicates the agency isn't listening to feedback and needs to make further cuts while providing more support for de novos. ... Read full article
Hauptman said dealing with the economic fallout from the coronavirus was a top priority for the agency, along with aligning incentives and expanding the use of technology in the industry. ... Read full article
Lawmakers and the credit union regulator have packed schedules this week as both groups attempt to wrap up their 2020 business before the holidays. ... Read full article
The credit union regulator's monthly meeting will cover the agency's budget proposal and subordinated debt, among other items, along with taking another shot at an overdraft proposal that was rejected earlier this year. ... Read full article
Credit quality has remained strong at credit unions, but there are hints that some of them — especially the smallest ones — could report lackluster earnings well into next year, according to the National Credit Union Administration's latest intel on ... Read full article
Elizabeth Fischmann will take on the role later this month and will oversee the regulator's compliance with federal ethics laws, among other responsibilities. ... Read full article
Thousands of institutions could lose a safety net on New Year's Day if Congress fails to act before leaving for the holidays. ... Read full article
A number of reasonable changes to the National Credit Union Share Insurance Fund could help NCUA avoid charging premiums. ... Read full article
Board member Todd Harper was concerned that the credit union regulator was not adequately preparing for the impact of prolonged economic turmoil and could be caught "flat-footed" as it was heading into the last crisis. ... Read full article
The confirmation ensures Republicans will hold the majority vote at the credit union regulator until at least 2023. ... Read full article
Controversies over trainings that address white male privilege detract from the important role DEI initiatives play in helping the country move forward. ... Read full article
The regulator issued prohibitions for former credit union employees in Virginia and Connecticut. ... Read full article
The credit union regulator's budget briefing could produce fireworks, but possible Senate action could make the result of an eventual budget vote a foregone conclusion. ... Read full article
The biggest questions following the former chairman's resignation aren't about regulation but whether the agency can recapture a spirit of bipartisanship and collaboration. ... Read full article
It remains unclear how Mark McWatters's departure will impact the credit union regulator, and there is growing evidence that the country could face a "double-dip recession." ... Read full article
The annual survey from the National Credit Union Administration shows credit unions making gains in some of their inclusion efforts, but the industry still has much it can do to improve. ... Read full article