From NAFCU Today <[email protected]>
Subject NAFCU offers support for simplification of share insurance rules
Date December 27, 2023 12:11 PM
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Also: New ECU Monitor details changes in recent NCUA exams

December 27, 2023

NAFCU writes to NCUA on simplification of share insurance rules ([link removed] )

NAFCU Senior Regulatory Affairs Counsel James Akin wrote to the NCUA Tuesday regarding the agency’s proposed amendments for regulations governing share insurance coverage. In the letter, Akin expressed support for proposed amendments simplifying share insurance rules but urged the agency to implement a phased approach and provide support for credit unions.

ECU Monitor details changes in recent NCUA exams ([link removed] )

NAFCU's latest Economic & CU Monitor – now available for download – focused on NCUA exams. The results indicated respondents desire exam reforms related to consistent application of rules and guidance.

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