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News Now

November 21, 2014

NEW: Matz: Revised RBC rule to be unveiled Jan. 15, 90-day comment period to follow

Washington
National Credit Union Administration Board Chair Debbie Matz today announced that the board will consider a revised version of the risk-based capital proposal at its Jan. 15 open board meeting. Matz also said a 90-day public comment period would likely follow. ReadMore

NCUA budget up by 4.2% for 2015, McWatters votes against it

Washington
Two distinct opinions on the National Credit Union Administration's budget emerged at the agency's Thursday open board meeting. ReadMore

McWatters outlines 11 enhancements for NCUA budget transparency

Washington
In casting his "no" vote against the 2015 National Credit Union Administration 2015 budget, board member J. Mark McWatters outlined 11 items he said would "enhance the transparency of the budgetary process." ReadMore

CFA/CUNA reveal 15th holiday spending survey results Monday

Washington
The results of the annual consumer survey on holiday spending plans--and consumer concerns about debt levels--will be unveiled Monday at 10 a.m. (ET). ReadMore

Overhead transfer rate, fee scale, NCUSIF addressed at NCUA board meeting

Washington
The National Credit Union Administration modified the overhead transfer rate to 71.8%, up from the current 69.2%, at its monthly board meeting Thursday. ReadMore

Expanded foreclosure protections being considered by CFPB

Washington
A government plan announced Thursday would make sure that if a mortgage borrower dies, surviving family members and others who inherit or receive property have the same foreclosure protections as the original loan holder. ReadMore

Rep. Hensarling names HFSC subcommittee chairs

Washington
Subcommittee chairs for the House Financial Service Committee were announced Thursday by committee chair Rep. Jeb Hensarling (R-Texas). ReadMore
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Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
1 Day ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
6 minutes ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
38 minutes ago