NCUA Shares Its Supervisory Priorities for 2026
The National Credit Union Administration has published its supervisory priorities for 2026. CUSO Magazine’s Esteban Camargo reports on the areas NCUA examiners will review in the year ahead, and where credit unions should focus its efforts to that effect.
NCUA Puts Fourth Four Deregulatory Proposals
As part of the agency’s effort to decrease regulation, the NCUA has announced four additional rule and regulation changes, with the period for comments starting today, Emily Claus reports.
Automation as the Anchor: How Credit Unions Can Navigate CFPB Uncertainty, Compliance, and Cost Pressures
Steven Pals discusses how credit unions can stay on top of changes in regulation and rising compliance costs by using automation to support, not replace, employees in their daily lending tasks.
America’s Credit Unions Calls for Succession Planning Rule to Be Rescinded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changes to the Succession Planning Rule it issued last year, America’s Credit Unions is calling for the rule to be rescinded and reproposed altogether.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.
The Art of the Steal
Chip Filson shares the consequences of regulation without enforcement: unchecked mergers doling out hundreds of thousands to executives while paying credit union owners less than they’re due.
NCUA Argues One Board Member Constitutes a Quorum
The NCUA has released its first official statement since the firings of board members Tanya Otsuka and Todd Harper, stating its belief that remaining board member Kyle Hauptman constitutes as a quorum and is able to perform all board functions on his own, Emily Claus reports.
Trump Fires Democrat NCUA Board Members Todd Harper and Tanya Otsuka
Late Tuesday evening, President Trump fired two of the three NCUA board members—Democrats Todd Harper and Tanya Otsuka—years before their terms were set to expire, leaving Board Chair, Republican Kyle Hauptman, the sole remaining board member. Emily Claus reports.
Regulation as a Service
Chip Filson calls for credit union regulation to be separated from the hands of the NCUA and placed back in the hands of experts who can provide it as a service.
Congress Should Not Give NCUA Third Party Oversight Argues NACUSO
Last week, in a letter written to Congress, NACUSO urged Capitol Hill not to grant the NCUA authority over third parties, including credit unions service organizations, reports CUSO Magazine’s Esteban Camargo.
CFPB’s Credit Card Late Fee Rule Change Still Slated for May 2024 Despite Staunch Opposition
Opponents of the CFPB’s credit card late fee proposal are trying to shoot it down everywhere. So far, they are failing. The rule still is slated to go into effect next month. David Baumann reports on the latest developments.
