The League Supports NCUA’s Interim Final Rule on Prompt Corrective Action

Throughout the COVID-19 pandemic, the National Credit Union Administration (NCUA) has worked tirelessly to adjust its regulations to decrease the regulatory burden on credit unions. One burden that credit unions […]

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Connect with NCUA Regional Director John Kutchey

Swiftly changing regulations and priorities, compounded by the economy, can make it challenging to serve members compliantly. Join us Thursday, June 24, for our latest Regulatory Roundtable as NCUA Regional […]

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Connect with NCUA Regional Director John Kutchey

Although it appears the COVID-19 pandemic is winding down, credit unions and their members must navigate the new economic reality that affects us all. Swiftly changing regulations and priorities, compounded […]

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League advocacy comment letters

The National Credit Union Administration, NCUA, has proposed adding an ”S” (Sensitivity to Market Risk) component to the existing CAMEL rating system and redefining the ”L” (Liquidity Risk) component, thus […]

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The League advocates for beneficial owner transparency

Customer due diligence (CDD) requirements are the bedrock to protecting your credit union from the liability that comes with non-compliance with the Bank Secrecy Act and its implementing regulations. Moreover, […]

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Chairman Harper Outlines his Vision for the NCUA

Credit unions have long had a robust and independent oversight agency that understands the unique needs and abilities of not-for-profit financial cooperatives. The League believes the National Credit Union Administration […]

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The League submits comments to NCUA & CFPB; mortgage servicing rights and consumer access to financial data

Regulatory agencies routinely solicit feedback from the entities they regulate when considering rule proposals. The League values these opportunities to ensure that Ohio’s credit unions’ voices are heard and that […]

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The League congratulates Chairman Harper and Senator Sherrod Brown on their respective chairmanships

With the 2020 election in rearview, the Democratic Party has obtained control of the federal government’s Executive and Legislative branches. This shift in Washington has brought with it changes in […]

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CDFI funding available for eligible credit unions

Access to affordable financial products and services is a staple of economically vibrant communities, and providing such access is a fundamental tenet of credit unions’ philosophy of People Helping People. […]

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Biden orders regulatory rule review; appoints new NCUA chairman

As Jan. 20 has come and gone, a new administration has entered the White House. The recent changing of the guard from the Trump to the Biden administration is consequential […]

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