Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Regulators from four states meet with NASCUS
CHICAGO (6/17/08)--“It’s important to bolster regulator-to-regulator communication to ensure regulators are taking appropriate actions to help credit unions mitigate their risks and maintain operations in a safe and sound manner,” National Association of State Credit Union Supervisors (NASCUS) Chairman George Reynolds told state regulators at a meeting last week. Reynolds, senior deputy commissioner of the Georgia State Department of Banking and Finance, met with regulators from Illinois, Kansas, Michigan and Wisconsin June 11 to discuss legislative issues affecting state agencies. The Illinois Department of Financial Institutions co-hosted the meeting at its agency offices. The meeting covered credit quality, compliance and governance issues, unrelated business income tax (UBIT), proposed regulations, examiner training and national housing legislation. Ongoing training for credit union directors also was emphasized by regulators. NASCUS has held its annual regulator meeting series for four years. Regulators also met in Boston and San Francisco this year. The series will finish in Nashville, Tenn., Sept. 10. The regulators also plan to meet at the NASCUS State System Summit in Seattle Aug. 21.
Other Resources

RSS print
News Now LiveWire
Post #QE, @federalreserve concerns still linger, says @CUNA's Schenk http://t.co/0GSrpUYpyG
15 minutes ago
.@CUNA's @HampelBill in @WSJ on @federalreserve mtg: 'No significant impact on financial markets or the economy' http://t.co/sbJycxdDXS
34 minutes ago
#ApplePay: #Creditunions need it to be competitive, says @CUNA webinar http://t.co/Rf8j9KWru2
43 minutes ago
Consumer confidence hits 7-year high #Market #NewsNow http://t.co/s7DGIGLZb3
18 hours ago
Still time 2 register 4 @TheNCUA Nov. 19 webinar, “Building a Loan Portfolio: Four Keys to Lending,” hosted by OSCUI. http://t.co/ezTFpnhHlP
19 hours ago