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NCUA Hosting Webinars on Member Business Lending

The NCUA has announced two free webinars on business lending for small credit unions. One, titled “Strategy and Policy,” is Sept. 17th. Another, titled “Underwriting,” is Sept. 25th. To find out more and to register, visit the press release on NCUA's website.

When ACH Debit Entries Are Returned Unpaid, Can They Be Resubmitted?

The League’s compliance department occasionally receives calls about payday lenders and certain other businesses continually resubmitting ACH debit entries that the credit union has previously returned unpaid.  NACHA recently released an ACH operations bulletin (which you can find here) reminding... More

Fed Agencies Release QRM, Risk Retention Proposal

WASHINGTON (UPDATED: 8/28/13, 11:40 A.M. ET)--Another round of proposed credit risk retention regulations, including a new definition of "qualified residential mortgage" (QRM) with modifications that the Credit Union National Association had urged, was released by the Federal Reserve, Federal... More

E-Filing Comment Deadline Approaches

ALEXANDRIA, Va. (8/28/13)--Credit unions have until Sept. 3 to comment on a National Credit Union Administration proposal to require all federally insured credit unions (FICUs) to file financial, statistical, and other reports and credit union profiles with the agency only electronically.

The current... More

NCUA Alerts CUs On ECOA Valuations Rule

Details of the Consumer Financial Protection Bureau's new rule on real estate appraisals and other written valuations under the Equal Credit Opportunity Act, and how the rule could impact credit unions, are addressed in a new National Credit Union Administration Regulatory Alert (13-RA-07).

The appraisal... More