News Topic: NCUA

In an exclusive interview announcing the regulator's new financial inclusion program, NCUA Chairman Rodney Hood explains why the time was right to double down on the agency's efforts to expand access for marginalized communities. ... Read full article

The credit union regulator has held back in allowing the use of derivatives but has released a proposal that would remove red tape for some larger institutions. ... Read full article

Credit unions' credit and debit card portfolios could see a surge this week as the online retailer offers two days of deals, while the industry's regulator is set for a cybersecurity update. ... Read full article

It's increasingly unclear when — or even if — Kyle Hauptman will be confirmed to the board of the National Credit Union Administration. ... Read full article

The former chairman of the National Credit Union Administration will work with the fintech to broaden its reach in the credit union space. ... Read full article

At a time when the industry is focused on serving members and assisting with the economic recovery, executives shouldn't be burdened by a costly new credit loss methodology. ... Read full article

A former employee of Member's 1st Federal Credit Union was accused of stealing more than $19,000. ... Read full article

The National Credit Union Administration generally only approves a handful of charters each year, but sustained economic troubles are likely to make launching a new institution even more challenging. ... Read full article

To shore up the share insurance fund, the National Credit Union Administration would be wise to give the industry additional temporary investment options. ... Read full article

A historic influx of deposits has brought the National Credit Union Share Insurance Fund’s equity ratio close to the point where premiums would be required, but the regulator’s plan is intended to boost it. ... Read full article

Second-quarter figures from the credit union regulator paint a grim picture for many states across a variety of key earnings metrics. ... Read full article

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments. ... Read full article

Two board members for the credit union regulator spoke during a NAFCU event, highlighting liquidity issues, plans for new departments at the agency and more. ... Read full article

It's unlikely that lawmakers will pass new coronavirus-related legislation before Congress leaves for its October recess. ... Read full article

For all the damage from the pandemic and economic downturn, this crisis has not impacted liquidity. Lawmakers would be foolish to permanently alter the Central Liquidity Facility. ... Read full article

A trio of small credit unions designated as minority depository institutions have been matched with larger institutions to improve outreach to low-income and underserved consumers. ... Read full article

In congressional testimony, the director of the credit union regulator's Office of Minority and Women Inclusion outlined steps the agency is taking to increase diversity at the agency. ... Read full article

A new report from the National Credit Union Administration shows how hard the industry was hit during the second quarter as businesses closed and consumer spending dropped. ... Read full article