A resource for credit unions in CA & NV, providing credit union financial and economic trend analysis, brought to you by your Leagues in partnership with CUNA & Affiliates.
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NCUA’s examination process requires examiners to gauge the overall effectiveness of a credit union’s risk management process based on an evaluation of several components, as well as an understanding that each credit union’s approach will be tailored to its individual business strategy and risk tolerance.
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New TIPs Bulletins Posted
New TIPs Bulletins (Technical Information and Procedures) have been posted regarding federal credit union ownership of fixed assets and annual Regulation D reserve Adjustments.
TIPs Bulletin 13-48 provides details regarding the Federal Reserve Board's recent announcement on annual adjustments to the transaction account balances that are subject to reserve requirements under Regulation D. The board also amended the minimum balance requirements for transaction account reserves that are used to determine the frequency of reporting.
TIPs Bulletin 13-49 gives a closer look at the NCUA's amended regulation governing federal credit union ownership of fixed assets. The proposed amendments clarify the rule and improve its overall organization, structure, and readability.
IMPROVE YOUR COMPLIANCE IN 2016
updated 11/24/15 07:46 AM
Informative ComplySight Webinars
Kick off the New Year with ComplySight and make sure your regulatory compliance is at its finest in 2016 and beyond.
NEW FFIEC MGMT. BOOKLET
updated 11/16/15 12:06 PM
NCUA Portal Open to CUs
The Federal Financial Institutions Examination Council (FFIEC) issued a revised Management booklet, as part of the FFIEC Information Technology Examination Handbook (IT Handbook). Click here for the booklet.