NCUA Board Members Harper and Otsuka Return for Board Meeting Prior to Stay by Appeals Court
Following their reinstatement as members of the NCUA Board, Todd Harper and Tanya Otsuka returned for the July 24 board meeting before a stay by a federal appeals court set them outside looking in once again. CUSO Magazine’s Esteban Camargo reports.
Federal Judge Reinstates Fired NCUA Board Members Harper and Otsuka
In a win for NCUA’s independence, a US District Judge has ruled that the President overstepped his authority in firing NCUA Board Members Tanya Otsuka and Todd Harper in April of this year, ordering that they be reinstated to their positions immediately, reports Emily Claus.
House Financial Services Committee Introduces Bill to Create More Credit Unions
Emily Claus reports on the House Financial Services Committee’s introduction of the American Access to Banking Act, which aims to support the creation of de novo credit unions and community banks.
NCUA Advances Voluntary Review of Agency Regulations
The National Credit Union Administration announced the second Request for Comment has been opened as part of its voluntary review of agency regulations to identify burdensome rules, reports CUSO Magazine’s Esteban Camargo.
Credit Unions Secure Tax Exemption Status
After months of relentless efforts, credit unions have managed to secure the safety of the tax-exemption status, now that the budget reconciliation bill has officially been signed into law, reports Emily Claus.
CUSO Magazine Introduces: Credit Union History Month
CUSO Magazine is thrilled to announce the creation of Credit Union History Month, an event devoted to looking back at the key credit union moments and players that brought our industry to where it is today. Emily Claus shares the purpose of the event, how we’ll be celebrating, and how your credit union can get the most out of it.
House and Senate Committees Put Pressure on NCUA’s Lone Board Member
As the agency currently operates with a one board member quorum, House and Senate committees are questioning the NCUA’s ability to do so and requesting information on its daily functions, reports Emily Claus.
Takeaways from the 2025 CU*Answers Leadership Conference
CU*Answers held its Annual Leadership Conference discussing the future of the industry and of CU*Answers as it moves forward into 2026. Check out the key takeaways from each section of the event!
America’s Credit Unions Calls for Succession Planning Rule to Be Rescinded
As the NCUA considers changes to the Succession Planning Rule it issued last year, America’s Credit Unions is calling for the rule to be rescinded and reproposed altogether. Meanwhile, all decisions are likely on hold until the courts rule on former board members Harper and Otsuka’s case, an decision the two are pushing to have handed down before the board reconvenes in July, reports Emily Claus.
NCUA Publishes 2025 Q1 Numbers and Quarterly U.S. Map Review
CUSO Magazine’s Esteban Camargo reports on the latest NCUA U.S. map review and quarterly data, which shows that the median credit union is seeing increased deposits with slower loan growth when compared with the year prior.
