General Blog Posts

Labor Day Links

This has been a slow regulatory week, but since I know you rely on the blog to fill your weekends with excitement, I wanted to provide links to some interesting, relevant articles to keep you busy over this long labor day weekend. Read Full Article
September 1, 2011
General Blog Posts

New Examination Criteria for Online Banking Security

Last month the NCUA issued Letter to Credit Unions 11-CU-09 providing guidance on Online Member Authentication. According to the Letter, "Federally insured credit unions will be expected to adapt appropriate strategies from the supplement to strengthen and enhance controls by January 2012. Beginning in 2012, at credit unions offering electronic…
August 25, 2011
General Blog Posts

More Potential Guidance on Debt Workouts

In the July edition of the NCUA Newsletter, Board Member Gigi Hyland discussed TDRs noting that: NCUA staff is considering a proposed Interpretive Ruling and Policy Statement (IRPS). In concept, the proposal would recommend adopting the charge-off, loan grading and limitations on frequency of modifications included in the banking agencies…
July 28, 2011

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