Final Member Business Lending Rule Ushers in a ‘New Era’

The National Credit Union Administration has approved a modernized Member Business Lending rule giving federally insured credit unions greater flexibility.

Compliance Center: NCUA Releases Exam Priorities for 2016

The National Credit Union Administration recently released a letter highlighting their supervisory priorities for 2016; plus your question on IRS forms answered, and this week’s legal briefs.

Compliance Center: Oregon Department of Consumer and Business Services Issued Rulemaking for Reasonable Compensation

Get the details on the new rule for reasonable compensation of Directors and Supervisory Committee Members; plus your question answered about garnishment fees on Federal Benefit Payments; and this week’s legal briefs!

Compliance Center: CFPB Releases Additional Resources to Help With HMDA Rule Changes

Get the latest resources for HMDA implementation; your question answered about opening a conservatorship or guardian account; plus this week’s legal briefs.

Compliance Center: Regulators Release Updates to Unified Agendas

Get details on the updated Unified Agendas of the CFPB, NCUA, and other federal regulatory agencies; your question answered about Reg E claims where no error occurred; plus this week’s legal briefs.

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.

Compliance Center: Helpful TCPA Resources from CUNA

Get the latest resources after June’s TCPA ruling by the FCC; your question answered about how to handle garnishments for members with multiple account types; plus this week’s legal briefs

CFPB Announces Final HMDA Rule

The NWCUA and CUNA point out the rule’s detrimental impact—especially on small credit unions—despite certain concessions.

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.

NCUA Vice Chair Metsger Outlines his Four Regulatory Relief Priorities

Along with the four priorities, Metsger said he wants to take certain issues out of the NCUA’s hands and put them in the hands of credit union directors, “where they belong.”

Compliance Center: CFPB Releases Updated Regulation Z Thresholds

Get the new Reg Z thresholds; your question answered about which loans are exempt from TILA/RESPA rule; plus this week’s legal briefs.

Updated Small Entity Rule to Relieve 733 More Credit Unions

The NCUA announced that they would raise the asset threshold defining “small entities” to $100 million, making hundreds more credit unions eligible for regulatory relief under the Regulatory Flexibility Act.

Compliance Center: What Compliance Support Does Your Association Offer?

See all the NWCUA’s compliance resources; your question answered on contracting third party vendors; plus this week’s legal briefs.

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.

Compliance Center: FCC Issues Telemarketing Rulings

Get the scoop on the FCC’s new telemarketing rulings; your question answered about collecting payments from active duty service members; plus this week’s legal briefs.

NCUA Removes Fixed Asset Cap for Federal Credit Unions

At its monthly Board meeting, the administration also approved a final rule on capital planning and stress testing, said future Stabilization Fund assessments were unlikely, and revised its 2015 budget down by $1.3 million.

Compliance Center: HUD Issues Guidance on Multifamily Assisted and Insured Housing Based on Equal Access to Housing Rule

HUD’s guidance aims to avoid discrimination against LGBT Americans; your question answered on NCUA’s record retention regs; plus this week’s legal briefs.