📊NCUA Proposes Revisions to Call Report Instructions
The NCUA has approved the publication of a proposal to extend for three years the NCUA Call Report (Form 5300), which is a currently approved information collection, for public comment. Revised instructions are included to improve clarity and accurate reporting. As required by the Paperwork Reduction Act of 1995, The NCUA is submitting the following extension of the currently approved information collection to the Office of Management and Budget (OMB) for renewal. The revised instructions are proposed to take effect with the September 30, 2025, report date.
Learn More📋NCUA Regulatory Review
As contemplated by the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA), the NCUA Board (Board) is voluntarily reviewing agency regulations to identify rules that are outdated, unnecessary, or unduly burdensome on federally insured credit unions. The NCUA is not statutorily required to undertake the EGRPRA review; however, the Board has elected to participate in the decennial review process. The NCUA divided its regulations into 10 categories outlined in the included chart. Over approximately 2 years, the NCUA is publishing four Federal Register documents each requesting comment on multiple categories of regulations. This second Federal Register document requests comment on regulations in the categories of "Agency Programs," "Capital," and "Consumer Protection." The NCUA will address the remaining five categories in the next two documents.
Learn More🏦NCUA Public Hearing on Dade County Federal Credit Union Charter
The NCUA will hold a public hearing on a request from Dade County Federal Credit Union, submitted on September 19, 2024, seeking to expand its existing community charter. The Census Bureau estimates the proposed community's population is 6,263,813 people. This public hearing is being held pursuant to the NCUA's Chartering and Field of Membership Manual, and the agency is requesting comments from interested stakeholders regarding whether the area qualifies as a well- defined local community.
Learn More🏦Compliance Dates Extended for Small Business Lending Rules
In light of court orders in ongoing litigation, the Consumer Financial Protection Bureau (CFPB or Bureau) is amending Regulation B to extend the compliance dates set forth in its 2023 small business lending rule, as amended by a 2024 interim final rule, and to make other date-related conforming adjustments.
Learn More📑Rescission of State Notification Rules and Business Implications
This direct final rule rescinds the Consumer Financial Protection Bureau's (Bureau's) procedures by which a State official must notify the Bureau when the official takes an action to enforce the Consumer Financial Protection Act.
Learn More⚖️CFPB Proposed Rule
The Consumer Financial Protection Bureau (Bureau) is proposing to rescind the amendments it adopted to the Rules of Practice for Adjudication Proceedings (Rules of Practice) on February 22, 2022, and March 29, 2023.
Learn More🏦Sunshine Act Meetings Notice from National Credit Union Administration
The National Credit Union Administration has announced an open Sunshine Act meeting, set to discuss key financial matters, including the quarterly report on the Share Insurance Fund and updates on Voluntary Separation Programs. This meeting will provide essential insights for stakeholders involved in the credit union industry.
Learn More📊NCUA Notice on Information Collections and Compliance Requirements
The National Credit Union Administration (NCUA) will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice.
Learn More🏦NCUA Proposes Extension of Call Report for Credit Unions
The NCUA has approved the publication of a proposal to extend for three years the NCUA Call Report (Form 5300), which is a currently approved information collection, for public comment. Revised instructions are included to improve clarity and accurate reporting. The NCUA is submitting the following extension of the currently approved information collection and revised instructions to the OMB for review and clearance. The revised instructions are proposed to take effect with the September 30, 2025 report date.
Learn More📅CFPB Advisory Council Meeting Notice - February 2025
Under the Federal Advisory Committee Act (FACA), this notice sets forth the announcement of a public meeting of the Community Bank Advisory Council (CBAC or Council) and the Credit Union Advisory Council (CUAC or Council) of the Consumer Financial Protection Bureau (CFPB). The notice also describes the functions of the Councils.
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