NCUA board approves proposed rule for supervisory committee audits

25542495_1752115101518706_2887136597949032630_oThe NCUA board of directors yesterday held its second open meeting of 2019 and unanimously approved a final proposed rule to clarify and provide additional flexibility in the agency’s regulation covering required credit union supervisory committee audits. The rule amends the supervisory committee audit regulation for federally insured credit unions.

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NCUA, regulators approve new rule that covers private flood insurance

25542495_1752115101518706_2887136597949032630_oNCUA, along with four other regulatory agencies, approved a final rule that requires regulated financial institutions to accept certain private flood insurance policies to meet flood insurance requirements for homeowners and businesses. The five regulatory agencies issued a joint final rule to implement provisions of the Biggert-Waters Flood Insurance Reform Act of 2012.

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CUNA GAC attendees: Let’s Connect New York

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The New York Credit Union Association will host a “Let’s Connect New York” reception for attendees of the 2019 CUNA Governmental Affairs Conference. New York advocates who are planning to attend the 2019 CUNA Governmental Affairs Conference are invited to join credit union leaders from throughout the state at the reception on Sunday, March 10, from 5-6 p.m., at Bobby Van’s Steakhouse – located at 1201 New York Avenue NW in Washington, D.C.

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