The NCUA Board approved a final rule clarifying credit union directors’ fiduciary duties and providing additional provisions for insured credit union conversions and mergers. READ MORE
CUNA continues to address Fed and FASB proposals, financial literacy requirements for directors, and guidance on corporate credit unions and internet banking authentication. READ MORE
NCUA will not go forward with the Voluntary Prepayment of Corporate Stabilization Fund Assessment because the agency didn’t receive sufficient pledges from credit unions. READ MORE