Reminder: FOM Comment Period Closes Soon

Northwest credit unions are critical to the conversation on the second field of membership proposal from NCUA.

Action Request: Comments Needed for Second FOM Proposal

NCUA recently published a second field of membership proposal, with comments due December 9.

NCUA OK’s Revised Field of Membership Rule & Issues Second Proposal

Praised by Your Association, it is a long-advocated effort for regulatory relief for credit unions.

NCUA Posts 2017–2018 Budget Proposal

The regulator is now accepting comments and requests to attend budget briefing via email through Nov. 4.

Metsger Addressed Oregon Credit Union Advocates

NCUA Vice Chair Rick Metsger isn’t fazed by bank lobby claims the regulator is overstepping its authority. Metsger said “90 percent” of regulatory changes credit unions want to better serve their members, NCUA can provide.

Regulatory Call to Action: NCUA’s FOM Proposal Comment Deadline is February 8

Credit unions are being called to action in support of NCUA’s field of membership (FOM) proposal by the February 8 deadline. The bank lobby has piled on anti credit union rhetoric to deny consumers access to affordable financial services.

Regulatory Call to Action: NCUA’s FOM Proposal Comment Deadline is February 8

Credit unions are being called to action in support of NCUA’s field of membership (FOM) proposal by the February 8 deadline. The bank lobby has piled on anti credit union rhetoric to deny consumers access to affordable financial services.

NCUA Unanimously Votes to Modernize FOM, Give More Americans Freedom to Choose

The proposed rule would ease several constraints that deny millions of Americans the freedom to choose not-for-profit credit unions. Association calls for immediate response from credit union leaders and employees.

Field of Membership Rule to be Unveiled Thursday

The proposal is expected to overhaul the current regulations, giving federally chartered credit unions flexibility to add to their fields of memberships, and giving more consumers the choice to join a not-for-profit, cooperative credit union.

NCUA Approves Risk-Based Capital Rule

Inclusion of secondary capital in RBC ratio is a big win for Northwest credit unions, but the rule remains “a solution in search of a problem” says Nussle.

NCUA to Discuss RBC2 Final Rule at October 15 Meeting

A vote on the final version of the National Credit Union Administration’s revised risk-based capital proposal is on the agenda for the agency’s October 15 meeting.

Submit Your Comments on the NCUA’s Member Business Lending Proposal

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.

Now is the Critical Moment to File RBC2 Comment Letter

Less than one month left in the comment period for the latest NCUA risk-based capital proposal. Write your letter now.

NCUA Proposes Removing Fixed Asset Cap

Proposed rule would remove regulatory cap in favor of supervisory oversight and guidance.

Compliance Center: CFPB Proposes Amendment to Small Creditor, Rural or Underserved Areas Definitions

Learn more about the proposed CFPB amendment, learn how to verify a U.S. Treasury check, plus legal briefs.

Compliance Center: Same Day ACH Is Coming, and More

Same day automated clearing house transactions; your question on aggregating cash in and out transactions answered; plus legal briefs.

New RBC Proposal: What Does it Say, and What’s Next?

Breaking News: The NCUA last week released a much anticipated revised risk-based capital proposal.

Credit Unions Urged to Share Concerns Over FHLB Membership Proposal

The rule would create an unfair advantage for FDIC-insured financial institutions.