ALEXANDRIA, Va.–While its proposal related to risk-based capital is getting most of the attention, the NCUA board also took action on several other items during its meeting here, including putting out for comment proposals around loans to members.
Fresh Today
WASHINGTON–The credit union trade associations have responded with mixed reactions to an NCUA proposal to delay by one year compliance with its risk-based capital proposal, and to further change the definition of “complex” credit union so that 90% of CUs are exempt.
ALEXANDRIA, Va.–The NCUA board has voted 2-0 to put out for 30-day comment a proposal that extends by one year the effective date of its final rule on risk-based capital.
ALEXANDRIA, Va.–NCUA is forecasting it will spend approximately $8.5 million less in 2018 than it had budgeted, primarily the result of lower personnel costs.
ALEXANDRIA, Va.—The NCUA board is scheduled to meet this morning with a number of items on the agenda, including a one-year delay in the implementation date of its risk-based capital rule.
WASHINGTON – The Senate has voted in favor of several pieces of legislation that include provisions backed by CUs.
AUSTIN, Texas–New members are one thing: But profitable new members who become actively engaged in the credit union are quite another–and the differing results can be stark and determine a CU’s future.
HOUSTON–The plaintiff in a lawsuit against SPCO Credit Union here that alleged the CU’s website violated the Americans With Disabilities Act (ADA) has voluntarily dismissed the case with prejudice.
WASHINGTON–As expected, the Federal Open Market Committee has opted to leave rates unchanged.
SAN FRANCISCO–Wells Fargo has agreed to yet another multi-billion settlement with the government.