NCUA Explains Fair Lending Exam Program’s Latest Developments

The NCUA released Letter to Federal Credit Unions 13-FCU-02 Tuesday, which outlines a number of developments in the NCUA’s Fair Lending Examination Program, including new educational and compliance tools and the institution of off-site supervision contacts in certain instances.

NCUA Exam Focus for 2013 Emphasizes Risk Management

The NCUA outlined its primary areas of focus for examiners in the January edition of the NCUA Report, and the agency also plans to provide more information and better guidance to credit unions to clearly set exam expectations.

Legal Briefs

Your weekly update on the regulatory landscape.

Top Credit Union Regulator Announces New Office of National Examinations and Supervision

Small, well-run credit unions will see less of Federal examiners starting in 2013 as the NCUA reallocates resources to focus on the largest credit unions.

Washington DFI Promotes Lacy-Roberts to Credit Union Program Manager

Doug Lacy-Roberts, long-time Washington State Division of Credit Unions examiner, has been promoted to the Department of Financial Institution’s Credit Union program manager, overseeing the examination and supervision of state credit unions.

NWCUA Meets with DCBS Director Nominee Patrick Allen

The NWCUA’s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here are updates on the Oregon DCBS and the CFPB.

CFPB Releases Supervision, Examination Guidance

The Consumer Financial Protection Bureau recently released a manual to aid the agency’s examiners as they oversee financial services firms.