Joint Statement – Frequently Asked Questions on the New Accounting Standard on Financial Instruments – Credit Losses

Letter to Credit Unions 17-CU-05, NCUA DATE: September 2017 TO: Federally Insured Credit Unions SUBJ: Joint Statement – Frequently Asked Questions on the New Accounting Standard on Financial Instruments – Credit Losses ENCL:​​ Frequently Asked Questions on the New Accounting Standard on Financial Instruments – Credit Losses   Dear Board of Directors and Chief Executive [...]

Joint Statement – Frequently Asked Questions on the New Accounting Standard on Financial Instruments – Credit Losses 2017-10-21T20:09:39+00:00

FFIEC Uniform HMDA Resubmission Guidelines

Letter to Credit Unions 17-CU-04, NCUA DATE: August 2017 TO: Federally Insured Credit Unions SUBJ: FFIEC Uniform HMDA Resubmission Guidelines ENCL:​(1) ​​FFIEC HMDA Examiner Transaction Testing Guidelines​   Dear Board of Directors and Chief Executive Officer: Starting January 1, 2018, the NCUA will implement new examiner transaction testing guidelines for Home Mortgage Disclosure Act (HMDA) [...]

FFIEC Uniform HMDA Resubmission Guidelines 2017-10-21T20:05:29+00:00

Prepaid Rule Implementation Delay

Letter to Credit Unions 17-CU-03, NCUA DATE: April 2017 TO: Federally Insured Credit Unions SUBJ: Prepaid Rule Implementation Delay ENCL: CFPB Final Rule   Dear Board of Directors and Chief Executive Officer:  Last October, the Consumer Financial Protection Bureau issued the final prepaid rule amending Regulations E and Z to create comprehensive consumer protections for prepaid [...]

Prepaid Rule Implementation Delay 2017-05-08T13:26:30+00:00

Risk-Focused Examinations and Compliance Risk

Letter to Credit Unions 17-CU-02, NCUA DATE: March 2017 TO: Federally Insured Credit Unions SUBJ: Risk-Focused Examinations and Compliance Risk ENCL: (1) ​​Supervisory Letter Evaluating Compliance Risk – Updated Compliance Risk Indicators NCUA developed the enclosed Supervisory Letter to provide examiners with guidance about the updated list of compliance risk indicators that are part of [...]

Risk-Focused Examinations and Compliance Risk 2017-05-07T14:45:10+00:00

Supervisory Priorities

Letter to Credit Unions 17-CU-01, NCUA DATE: January 2017 TO: Federally Insured Credit Unions SUBJ: Supervisory Priorities 2017 Dear Board of Directors and Chief Executive Officer: This letter is intended to assist you in preparing for your next NCUA examination. NCUA field staff will continue to use the streamlined small credit union exam program procedures [...]

Supervisory Priorities 2017-05-07T14:40:51+00:00