Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Sept. 3 Is NCUA Comment Deadline on E-filing Plan
WASHINGTON (8/5/13)--The 30-day comment period set by the National Credit Union Administration for its plan to require all federally insured credit unions (FICUs) to file financial, statistical and other reports electronically will end Sept. 3, according to an Aug. 2 Federal Register  document.
 
When the agency proposed the change at its July 25 open board meeting, staff noted that a 30-day public comment timeframe, rather than the more-typical 60-days, would be sufficient NCUA for what the agency considers a "simple" change.
 
If the rule is adopted, the reports and credit union profiles would have to be filed using the agency's information system or other means specified by NCUA. Manual filing would no longer be an option, so every FICU would have to maintain a computer with internet access and an e-mail address.
 
The Credit Union National Association has issued a Comment Call seeking credit unions' views on the proposal by Aug. 15.  Use  the resource link to access that and other CUNA Comment Calls, as well as the Federal Register  document.
RSS print
News Now LiveWire
.@CUNA VP of Econ MIke Schenk featured in Money magazine http://t.co/SC6Shv0lDH
16 hours ago
#NewsNow: @CFPB develops tools for student loan debt relief. http://t.co/a6pOReC86F
17 hours ago
Stephanie Smith has been named as the new executive director of America's #CreditUnion Museum. (2 of 2)
18 hours ago
America's #CreditUnion Museum executive director Peggy Powell is stepping down after 15 years. (1 of 2)
18 hours ago
#NewsNow League presidents raise voices for data breach protection http://t.co/zX1UsvsQP6
19 hours ago