ncua

The NCUA has added a new financial technology and digital assets section to its website. The webpage includes frequently asked questions (FAQs) about share insurance coverage and custody for cryptocurrencies and digital assets, as well as information about the agency’s Financial Technology Team.  Of note, the FAQs clarify that the National Credit Union Share Insurance …

NCUA issues FAQs on share insurance coverage for cryptocurrency  Read More »

The NCUA Tuesday announced it will host a webinar June 18 to highlight minority depository institutions (MDIs) and the role MDIs play in expanding access to financial services. The webinar will also discuss how MDIs promote economic growth and financial inclusion.  The webinar is scheduled to begin at 2 p.m. Eastern and will last one …

NCUA announces MDI webinar  Read More »

The NCUA Board Thursday unanimously approved a voluntary regulatory review. The agency is requesting comment to help identify NCUA regulations that are “outdated, unnecessary, or unduly burdensome on federally insured credit unions.”  The agency noted that it is not required by law to conduct the review, as the law applies to federal bank regulators, but …

NCUA approves regulatory review  Read More »

NCUA staff projects the equity ratio for June 30, 2024 will be 1.24%, they said during the NCUA board’s May meeting. The quarterly share insurance fund update was the only item on the meeting agenda, which was conducted by Vice Chairman Kyle Hauptman and board member Tanya Otsuka, with NCUA Chairman Todd Harper out on …

NCUSIF ends Q1 with $68.1M net income Read More »

The House and Senate are in Washington D.C., this week, and America’s Credit Unions will be engaged with activities on Capitol Hill, as well as the NCUA’s May board meeting.   The House is scheduled to vote on a bill to create a framework for digital assets that aims to create innovation while protecting investors and …

This week: Congress in D.C., NCUA conducts board meeting  Read More »

The NCUA is hosting a webinar June 5 for credit unions interested in the minority depository institution (MDI) designation and how it benefits members. Online registration is now open for the webinar, which is scheduled to begin at 2 p.m. Eastern.  The webinar, part of MDI Awareness month, includes scheduled presentations from the NCUA’s Offices …

NCUA to host ‘What is an MDI?’ webinar June 5 Read More »

The NCUA released the agenda for its May board meeting, noting the NCUA Board will receive its quarterly briefing on the Share Insurance Fund (SIF).  The board meeting was originally scheduled for today but was moved to May 22 at 10 a.m. Eastern.   The board meeting can be streamed live on the NCUA’s website. Information …

Quarterly SIF briefing on NCUA Board meeting agenda Read More »

The NCUA will hold a webinar May 30 on the importance of planning for retirement in recognition of Older Americans Month.   Speakers from the NCUA Office of Consumer Financial Protection, Department of Health and Human Services, Social Security Administration, and CFPB will provide attendees with practical tools to manage their finances as they age, as …

Register now for NCUA webinar on financial planning for older Americans Read More »