NCUA Maintains Normal Operating Level of 1.33% After News of Better Than Expected Performance
NCUA staff announced the Normal Operating Level will remain at 1.33% after reporting that the equity ratio outperformed expectations, reports Esteban Camargo.
NCUA’s Tanya Otsuka Attends First Meeting as Member of the Board
Ten days after being sworn in on January 8th as the 25th NCUA Board Member, Tanya Otsuka attended her first National Credit Union Administration board meeting. Esteban Camargo reports on the events.
Despite Earlier Success, Marijuana Banking May Be a Ways Off
With Congress recessed, any expectations for protections to financial institutions serving cannabis businesses will have to wait until 2024, and most lobbyists and Congressional staff suggest even that is unlikely.
NCUA Board Finalizes 2024-2025 and Central Liquidity Facility Budgets
Following its October budget proposal and subsequent commenting period, the NCUA Board has approved the 2024-2025 and Central Liquidity Budgets, reports CUSO Magazine’s Esteban Camargo.
Cooking with CUSO Mag: Desjardins and Madeleines
In this brand new exclusive series from CUSO Magazine, Esteban Camargo bridges the gap of credit union history and food blog… Learn about the life of French-Canadian Alphonse Desjardins before baking a fresh batch of delicious madeleines.
NCUA’s Proposed 2025 Operating Budget Would Be Nearly $100 Million More Than Its Approved 2022 Budget
NCUA’s budget proposal for 2024-2025 has been released, and the numbers they are asking for should be setting off alarms with credit unions, says CUSO Magazine’s Esteban Camargo.
One Scam, Two Scam, Old Scam, New Scam
The more things change, the more they stay the same, or at least so it goes in the world of scammers. CUSO Magazine’s Esteban Camargo documents some of the oldest scams around as well as some newer ones that attempt to con your members out of their money.
NCUA Board Nominee Tanya Otsuka Testifies at Confirmation Hearing
On Thursday, October 19, during a confirmation hearing before the Senate Committee on Banking, Housing and Urban Affairs, NCUA board nominee Tanya Otsuka provided her opening statement, reports Esteban Camargo.
NCUA Passes Rule to Remove Barriers to Credit Unions Working with Fintechs
During its eighth open meeting of 2023, the NCUA Board unanimously approved a new rule that will improve the ability of federally insured credit unions (FICUs) to partner with financial technology companies, reports CUSO Magazine’s Esteban Camargo.
NCUA’s Alternating Examination Pilot Program May Lead to Decision Soon
Speaking with NASCUS recently, NCUA Chairman Todd Harper said the agency is taking its insights and lessons learned from the Alternating Examination Pilot Program to determine whether the project is worth formally adopting, reports Esteban Camargo.
