News & Insight

Mnuchin sets March 2 FSOC session

Friday, February 24, 2017

Treasury Secretary Steven Mnuchin yesterday announced plans for a March 2 executive, closed session of the Financial Stability Oversight Council but gave no indication whether the session will address review of the Dodd-Frank Act as directed in a Feb. 3 presidential executive order.

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NCUA updates stabilization fund Q&A

Thursday, February 23, 2017

The NCUA on Thursday updated its online "Questions and Answers" resource about costs related to the Temporary Corporate Credit Union Stabilization Fund, confirming that no future assessment charges to credit unions are likely.

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Survey Results: Over 90% support federal regulation of fintech companies

Friday, February 24, 2017

Over 70% of those that support federal regulation of fintech companies are in favor of applying to fintech the same regulatory standards that currently govern traditional financial institutions. See full results and more in the latest Economic & CU Monitor enewsletter (member-only).

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Article: NCUA’s Military Lending Act Examination Approach

Friday, February 24, 2017

In 2016, no regulation has caused more compliance-related anxiety or aggravation than the Military Lending Act (MLA) rule. The Department of Defense (DoD), after promising to release guidance for months, finally released its interpretive guidance on the MLA rule less than six weeks before the implementation deadline of Oct. 3, 2016.

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Issues & Regulations

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Share Insurance Fund Premium, Refunds from the Corporate Stabilization Fund and NCUA budget transparency

NCUA Money Watch

Your members' money exclusively funds the operations of NCUA, and because every single dollar counts, NAFCU holds the NCUA to the highest standards when it comes to managing the Credit Union Share Insurance Fund (NCUSIF), refunds from the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) and the agency's operating budget. Stay updated on these issues and our advocacy efforts on your behalf.

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Final Regulation on Member Business Lending

Member Business Lending

On February 19, 2016, the NCUA Board unanimously approved a final member business lending rule that amends Part 723 of NCUA's Rules and Regulations regarding the ability of federally-insured credit unions to make Member Business Loans (MBLs). Download NAFCU's Final Regulation summary and full rule text.

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