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Comment Regarding National Credit Union Administration Operating Fee Schedule Methodology and Comments on Proposed Profile Changes Due Sept. 5
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As a follow up to our article in the August 18 newsletter, federal credit unions now have the ability to expel a member for cause by a two-thirds vote of the board of directors.
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For a business account, can we increase the amount of NCUSIF insurance by increasing the number of signors on the account?
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Regulatory agencies recognize the serious impact of the recent Hawaii wildfires on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision.
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The Consumer Financial Protection Bureau took action against Freedom Mortgage Corporation for providing illegal incentives to real estate brokers and agents in exchange for mortgage loan referrals.
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Beginning Sept. 1, 2023, all federally insured credit unions must notify the NCUA no later than 72 hours after the credit union reasonably believes it has experienced or learns of a reportable cyber incident.
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At its June meeting, NCUA Board approved proposed changes to the interpretive ruling and policy statement on the agency’s Minority Depository Institution Preservation Program.
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Through CUAid, The National Credit Union Foundation is providing relief to credit union employees and volunteers who are rebuilding after the disaster.
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Here are some tips to navigate the regulatory landscape successfully and information on how League InfoSight can help.
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Is there any way to verify if a U.S. Savings Bond is legitimate, and are we required to cash U.S. Savings Bonds for non-members?