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 Files with OMB to Renew Ongoing Data Collections
WASHINGTON (9/27/13)--The National Credit Union Administration is seeking U.S. Office of Management and Budget approval for a series of data collection projects.

The NCUA is required under the Paperwork Reduction Act to renew its ongoing information collection efforts. The information requests are published to obtain public comment on whether OMB should approve the data collection requests. CUNA is reviewing them and as it has in the past will weigh in with the OMB as appropriate.

Areas highlighted in the NCUA requests include:
  • The circumstances and conditions under which federal credit union members may inspect and copy their credit union's books, records, and minutes of meetings;
  • Credit unions that serve predominately low-income members and seek a low-income designation from NCUA so they may benefit from certain statutory relief and receive assistance from the Community Development Revolving Loan Fund;
  • Supervisory committee audit and verification requirements;
  • The NCUA's regulation on nondiscrimination requirements in real estate-related lending;
  • Certain Truth in Savings Act disclosures;
  • Federal credit union reimbursement policies;
  • Electronic funds transfer information; and
  • Credit union service organization lending and investment authorities.


RSS





print
News Now LiveWire
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
19 hours ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
1 day ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
14 hours ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
15 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
16 hours ago