Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
NCUA Security Office Plan Noted In CUNA Reg Advocacy Report
WASHINGTON (11/13/13)--In this week's Regulatory Advocacy Report, the Credit Union National Association details the National Credit Union Administration's plans for a new security department.

The new office will focus on agency security and the continuity of operations, which includes natural disasters and other emergency events.

According to NCUA, this office is meant to consolidate the agency's various security functions under one office instead of the current decentralized model.

CUNA noted the office is unlikely to directly impact the operations of credit unions. "We agree security is important, but we have concerns about agency costs and urge the agency to minimize them whenever possible," CUNA Deputy General Counsel Mary Dunn said.

Other items addressed in this week's Regulatory Advocacy Report include:
  • CUNA's continued mortgage regulation advocacy efforts;
  • A Consumer Financial Protection Bureau Advance Notice of Proposed Rulemaking on debt collection;
  • Proposed interagency diversity assessment standards;
  • The NCUA's posting of comment letters on its charitable donation account proposal; and
  • An update on payment card industry data security standards.
A resource chart with information on current CUNA comment calls is also provided in the Report.

For this week's Regulatory Advocacy Report, CUNA members can use the resource link.
RSS





print
News Now LiveWire
Data security legislation among FTC recommendations #NewsNow http://t.co/2pS3Te1RPS
13 minutes ago
.@CUNA has written to @RepBlainePress and @BradSherman to express support for a privacy notice bill expected to be introduced today.
21 minutes ago
.@AEAFCU,which operates under conservatorship of @TheNCUA, reports improved financial performance for 2014. Release: http://t.co/AUvBLXtQt0
26 minutes ago
5 MI #CUs named @101Best list for 2014 @ConsumersCU @DFCUFinancial @LMCU @michiganfirstcu @msufcu #101BB #NewsNow http://t.co/o680Rtpdsv
44 minutes ago
2015 #GAC Crashers represent all 50 states, D.C. #creditunions http://t.co/VqaHltZaD4
1 hour ago