Northwest credit unions are critical to the conversation on the second field of membership proposal from NCUA.
NCUA recently published a second field of membership proposal, with comments due December 9.
The regulator is now accepting comments and requests to attend budget briefing via email through Nov. 4.
Credit unions are encouraged to file comments before the October 14 cutoff regarding the proposed changes, as well as other questions or concerns about assessments.
Read the NWCUA’s draft comment letter, join a CUNA webinar on the proposed bill, and get your comments in by the August 31 deadline.
NCUA reviewing one third of its regulations; answer to your question about automatic loan payments; plus legal briefs.
Breaking News: The NCUA last week released a much anticipated revised risk-based capital proposal.
NCUA Chairman Matz says that the new proposal will include a longer implementation period and revised risk-weights, and trigger a second comment period.
As it nears the end of the rulemaking process for director compensation, Washington’s Department of Financial Institutions has begun accepting comments on the next order of business: regulating the frequency of board meetings.
The NCUA reviews all of its rules every three years, scheduling a look at about one-third of its rules each year on a rotating basis. Included on this year’s list is a review of CUSOs, fair credit reporting and member business loans, among others.
The FTC is publishing a Federal Register notice seeking public comment on proposed modifications to COPPA in an effort to further strengthen protection for internet users 13 years of age and younger.
The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement. Included here are updates on the CFPB’s overdraft input initiative and proposal to revise Reg Z.