Also: 4 things to know this week; see what's new on the Compliance Blog
NAFCU TODAY | The News You Need Daily.
July 23, 2021
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NCUA proposes amendment to RBC rule, issues RFI on digital assets, tech [ [link removed] ]
The NCUA Board Thursday unanimously approved a proposed rule amending the agency's 2015 final risk-based capital (RBC) rule to provide a simple measure of capital adequacy for complex credit unions with total assets greater than $500 million. NAFCU has previously met with the NCUA to discuss this topic and offered support for amendments to the RBC rule; however, NAFCU agrees with Board Member Rodney Hood's suggestion that the board consider repealing the RBC rule entirely.
4 things to know this week [ [link removed] ]
NAFCU's widely-read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and resources.
New on the Compliance Blog: FFIEC IT Handbook, CFPB mortgage servicing rule, women's leadership at CUs [ [link removed] ]
As credit unions work to meet the needs of more than 124 million Americans during the coronavirus pandemic, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog every Monday, Wednesday, and Friday.
Existing-home sales see rise for first time in months; NAFCU expects sales to remain strong [ [link removed] ]
Existing-home sales rose 1.4 percent in June to a seasonally-adjusted rate of 5.86 million units, representing a 22.9 percent increase in sales versus a year ago. NAFCU's Curt Long analyzed the data in a new Macro Data Flash report.
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