Topic: Succession Planning
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NCUA: 12 CFR 749 Appendix B—Catastrophic Act Preparedness Guidelines
Credit unions often look to NCUA for guidance on preparing for a catastrophic act. While NCUA has minimal regulation in this area,[1] as an aid to credit unions it is […]
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NCUA: Community Development Revolving Loan Fund
FICUs with a low-income designation may be able to apply for technical assistance grants to support succession planning or offset training costs through the Community Development Revolving Loan Fund. This NCUA […]
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NCUA: Succession Plan Template for Small Credit Unions
Smaller credit unions can develop succession plans with the NCUA’s succession plan template, getting assistance through the Small Credit Union and Minority Depository Institutions Support Program, and completing online training available through […]
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NCUA adopts new succession planning rule for all credit unions
NEWS: The NCUA Board has approved a final rule, which takes effect Jan. 1, 2026 that will require the boards of all federally insured credit unions (FICUs) to establish written succession plans for […]
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NCUA: 12 CFR 701.4(e)
(See Federal Register / Vol. 89, No. 247 / Thursday, December 26, 2024 / Rules and Regulations 104865) Truth in Savings (Reg. DD) TITLE 12 — Banks and Banking CHAPTER VII […]
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League voices opposition to NCUA succession planning rule
NEWS: Today, The League filed a comment letter on behalf of Wisconsin’s credit unions, letting the agency know that we oppose their plan to require all federally insured credit union’s (FICU’s) boards to […]
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CUs can use model letter to oppose NCUA’s succession planning rule
COMMENT CALL: The NCUA has proposed a rule that would require the boards of directors at all federally insured credit unions (FICUs) to establish and follow a succession plan. This rule would apply […]
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NCUA proposes to require succession planning for all insured CUs
COMMENT CALL: The NCUA has proposed a rule that would require the boards of directors at all federally insured credit unions (FICUs) to establish and follow a succession plan. This rule would apply […]
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NCUA’s 2023 Supervisory Priorities
NEWS: The NCUA outlined its 2023 supervisory priorities and examination focus areas in its Letter to Credit Unions 23-CU-01. The NCUA will conduct exam and supervision activities both onsite and offsite. Examiners […]
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NCUA’s 2023 Supervisory Priorities
NEWS: The NCUA outlined its 2023 supervisory priorities and examination focus areas in its Letter to Credit Unions 23-CU-01. The NCUA will conduct exam and supervision activities both onsite and offsite. Examiners […]
