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News
- League Offers Update on Key Legislative Issues at General Assembly's Halfway Point
February 16, 2024Feb. 13 was Crossover Day in the Virginia General Assembly. This marked the halfway point of the 2024 Session and is the deadline for bills to pass out of their chamber of origin to be considered by the other body. Here is a synopsis of this year’s major issues and where they currently stand.
- REGular Blog: FFIEC Issues Statement on Exam Principles Related to Real Estate Valuation Discrimination and Bias
February 16, 2024Just this week (Feb. 12, 2024), the Federal Financial Examination Council (FFIEC) issued a statement to communicate principles for the examination of residential property appraisal and evaluation (valuation) practices to mitigate risks that may arise due to potential discrimination or bias in those practices; and to promote credible valuations. When it comes time for your exam, whether it is a safety and soundness exam or a specific consumer compliance exam, expect a review of risk management processes for residential lending activity. Here are additional details to help your credit union prepare!
- NCUA Share Insurance Fund Update: Diving into CAMELS Code Data
February 15, 2024NCUA held its February Board meeting today, which included a quarterly update on the share insurance fund. We've seen a growth in both the number of CAMELS 3/4/5 credit unions, as well as the shares and assets they hold, in recent quarters. Let's see how things looked at year-end.
Upcoming Events
May 2024
