NCUA Board Meeting Coverage: CUs Should Not Expect Premium in ’22 12/16/2021 10:59 am ALEXANDRIA, Va.–The NCUA board has voted 3-0 to set the Normal Operating Level for the National Credit Union Share Insurance Fund at 1.33%, down from the current 1.38%.
Capitol Hill Update: Senate Debates Stablecoins, Regulators Address Tornadoes, NDAA Headed to President 12/16/2021 06:49 am WASHINGTON—One senator’s proposed “principles” for stablecoins were released during a hearing on Capitol Hill, during which the Senate discussed whether special purpose charters for stablecoin issuers should be created.
Preparing to Cross the $10B Threshold 12/15/2021 08:23 pm Thanks to multiple stimulus payments and a sustained period of low interest rates that can be attributed to COVID-19-related policies, credit unions across the country have experienced unprecedented levels of deposits and growing balance sheets.