Senate Confirms Otsuka to Serve on NCUA Board
The Senate voted to confirm Tanya Otsuka to serve on the NCUA board Wednesday. Otsuka currently serves as senior counsel for the Senate Banking Committee and was nominated by President Joe Biden in September.
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.
Climate Advocates Call for NCUA to Establish ‘Resilience Office’
The NCUA should fund a Climate Resilience Office as part of its 2024 budget, environmental, progressive and consumer groups told the agency this month. CUCollaborate’s David Baumann reports.
NCUA Inspector General Auditing CU Chartering Process
Following the NCUA’s proposal to streamline the chartering process earlier this year, the NCUA Inspector General has announced he will be doing an audit on the process to determine its effectiveness, reports David Baumann of CUCollaborate.
CU Trades: NCUA Doesn’t Need Beefed Up Consumer Protection Exams
Previewing their testimony for Thursday’s hearing on the NCUA budget, the two national industry trade groups on Monday said they vehemently oppose the agency’s plan to hire additional examiners to focus on consumer protection, reports David Baumann of CUCollaborate.
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.
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.
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 Awards $3.1 Million in 2023 CDRLF Round
The NCUA announced Thursday that it has awarded $3.1 million in Community Development Revolving Loan Fund grants to 142 low-income credit unions and MDIs, reports David Baumann of CUCollaborate.
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.