The NCUA board of directors will hold their monthly meeting next Thursday, Dec. 12. During the meeting, the board will vote on a final risk-based capital rule, which could delay the agency’s risk-based capital requirements until 2022.
Continue reading “NCUA board likely to finalize RBC delay at upcoming board meeting”
The NCUA joined other federal financial regulators in issuing a statement on the use of alternative data in underwriting by credit unions, banks and non-bank financial firms.
NCUA Board Chairman Rodney Hood will testify before the U.S. Senate Committee on Banking, Housing and Urban Affairs on Thursday, Dec. 5. Hood will be joined by Randal Quarles, vice chairman for supervision of the Federal Reserve System’s board of governors, and Jelena McWilliams, chairwoman of the Federal Deposit Insurance Corporation.
Continue reading “NCUA Chairman Hood to testify before Senate, House banking committees”
The NCUA board of directors yesterday approved a final interpretive ruling and policy statement to expand career opportunities for individuals convicted of certain minor offenses. The proposal was unanimously approved during the agency’s monthly board meeting yesterday.
Continue reading “NCUA board approves ‘second chance’ ruling”
Linda Lacewell, super intendent of the state Department of Financial Services, is in the midst of a statewide town hall tour to advise student borrowers of their rights and discuss directly with parents and students about their experiences with paying their educational loans.
Continue reading “DFS statewide student loan town hall tour outlines ‘Borrower Bill of Rights’”
