The 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.
The CFPB has published the 2019 list of rural and underserved counties and a separate 2019 list that includes only rural counties. The bureau also updated the rural and underserved areas website tool for 2019.
NCUA, 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.
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.
NCUA has released its agenda for the agency’s upcoming board meeting. The open portion of the meeting is scheduled for Thursday, Feb. 14, at 10 a.m.