Simplified CECL Tool Updated for June 30, 2023
The update includes the latest life-of-loan, or Weighted Average Remaining Maturity, factors and additional minor enhancements.
DCUC and NAFCU send joint letter to NCUA: Expansion of "Qualified Charity" Charitable Donation Accounts
DCUC and NAFCU sent a joint letter to The NCUA asking the Board to amend Part 721.3 Charitable Donation Accounts by expanding the definition of “qualified charity” to include 501(c)(19) veterans’ organizations.
Deposit Guarantee Concept Presented to Ukrainian Credit Unions
Proposal developed with input from USAID/WOCCU CAP Project and NCUA
Comment Period for Chartering and Field of Membership Proposal Closes May 30
Stakeholders have until May 30 to submit comments on the NCUA’s proposed rule amending its chartering and field-of-membership rules.
NCUA Research Examines Credit Union Exposure to Climate-Related Physical Risks
The NCUA’s Office of the Chief Economist today released a Research Note finding that roughly one-quarter of all federally insured credit unions are in communities classified as having a relatively high or very high risk of experiencing negative effects due to natural hazards.
Control of Edinburg Teachers Credit Union Returned to Members
Edinburg Teachers Credit Union, located in Edinburg, Texas, is once again under the control of its members after release from conservatorship, the National Credit Union Administration and the Texas Credit Union Department announced today.
Valwood Park Federal Credit Union Conserved
Charles Vice Named Director, Financial Technology and Access
The National Credit Union Administration named Charles Vice to be Director of Financial Technology and Access.