What to Expect from the Battle for NCUA Supervisory Powers Over Third-Party Vendors
The NCUA has been arguing for supervisory powers over credit union vendors for years now but has found little success with Congress; David Baumann investigates the pros and cons of such a change and what to expect in 2024.
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.
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.
Senate Panel to Consider Otsuka Nomination to NCUA Board
The Senate Banking Committee on Oct. 19 will hold a confirmation hearing on the nomination of Tanya Otsuka to be a member of the NCUA board, reports David Baumann of CUCollaborate.
NCUA Equity Ratio Drops, but Board Isn’t Panicked
The NCUA’s equity ratio dropped to 1.25% as of the end of March, but agency board members said Thursday there is no need to panic, reports David Baumann of CUCollaborate.
NCUA Responds to Budget Criticism by Cutting $6.7 Million from Planned 2023 Increase
In response to the vocal criticism of the proposed 9.6% increase to NCUA’s operating budget for 2023, the board finalized its spending plan with $6.7 million cut from the final numbers reports Esteban Camargo.
NCUA: More People Joining Credit Unions, But CU Numbers Dropping
CUCollaborate’s David Baumann reports on the latest finding from the NCUA’s quarterly credit union data summary for the third quarter of 2022.
Coming to a Credit Union Near You: NCUA Examiners
Tuesday, September 20, Chairman Todd Harper published a letter to federally insured credit unions announcing that the organization would be entering Phase 3 of its onsite operations plan, originally announced back in June 2020 in the midst of the global pandemic, reports Esteban Camargo.
Talk Is Cheap, NCUA Involvement Isn’t
NCUA is going to discuss credit union succession planning, and credit unions may come to regret it, says CUSO Mag Supervising Editor Esteban Camargo. Is NCUA involvement a good thing or will it just be one more expense line?
NCUA Board to Consider Succession Planning Rule on Jan. 27
The National Credit Union Administration board will consider a proposed rule governing succession planning at credit unions on Jan. 27, reports David Baumann of the Washington Credit Union Daily.
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