NCUA

New NCUA chief faces hard sell on consumer protection

01/26/21

Todd Harper, a Democrat, says he will continue his efforts to increase the agency's consumer advocacy role, despite opposition from the industry and two Republican board members.

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White House elevates Todd Harper to NCUA chairman

01/25/21

Harper, a Democrat, had long been expected to be promoted to the chairmanship under a Biden administration, but he could face an uphill climb moving his priorities forward.

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NCUA’s derivatives rule could be boon for large credit unions

01/25/21

Under a proposed rule change, credit unions would no longer need to seek pre-approval from the regulator before entering into interest rate swaps, speeding up transactions for some of the industry’s biggest institutions that already hold over 80% of total assets.

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NCUA quietly approves supervisory guidance rule

01/20/21

The agency used a notation vote to advance the final measure, the third time it has used that method in a month.

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Week ahead: Transition in Washington

01/19/21

President-elect Joe Biden is scheduled to take the oath of office on Wednesday, but other changes that pertain to credit unions are also happening.

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Credit union regulator outlines 2021 supervisory priorities

01/15/21

Cybersecurity remains a priority along with CARES Act compliance, flexibility for borrowers impacted by the pandemic and more.

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NCUA takes over Indianapolis' Newspaper Federal Credit Union

01/15/21

In placing the $6.6 million-asset institution in conservatorship, the regulator has taken charge of two credit unions in just the first two weeks of the year.

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NCUA board splits over changes to controversial capital rule

01/14/21

In a party-line vote, the agency issued a proposal that would redefine a "complex" credit union.

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NCUA, CFPB to coordinate some oversight of large credit unions

01/14/21

The National Credit Union Administration and the Consumer Financial Protection Bureau will hold strategy sessions and share information tied to consumer protections at institutions with more than $10 billion of assets.

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Credit unions argue pandemic bolsters case to ease membership rules

01/12/21

Industry groups say the coronavirus has highlighted additional risks faced by institutions without a diverse member base.

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