NASCUS Educates Fed on State Regulator Oversight Of SCCUs
ARLINGTON, Va. - NASCUS accepted an invitation from Federal Reserve Board Gov. Susan Bles and met with her and several Federal Reserve Board staff the week of Dec. 8 to educate them on state regulator oversight of state-chartered credit unions. According to NASCUS, Gov. Bles and her staff were particularly...
By Staff Writer |
Updated on January 06, 2004
X
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
ARLINGTON, Va. – NASCUS accepted an invitation from Federal Reserve Board Gov. Susan Bles and met with her and several Federal Reserve Board staff the week of Dec. 8 to educate them on state regulator oversight of state-chartered credit unions. According to NASCUS, Gov. Bles and her staff were particularly interested in the regulatory oversight of privately insured credit unions. Their discussions included the regulatory and examination oversight and supervision of state-chartered credit unions by both their insurer and their state chartering authority. In explaining private share insurance, NASCUS acknowledged that private share insurance can be a divisive issue and that there’s even a difference of opinion on the subject among state regulators. NASCUS Acting President and CEO Mary Martha Fortney described the meeting as “productive” and “encouraging” and noted that Gov. Bles expressed an interest in meeting again with NASCUS to discuss credit union system issues.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing. Once you are an ALM digital member, you’ll receive:
Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers,
resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
Exclusive discounts on ALM and CU Times events.
Access to other award-winning ALM websites including Law.com and GlobeSt.com.
The future of banking demands more than innovation--it requires actionable strategies. This 2025 playbook outlines 3 key strategies your credit union must adopt to thrive.
Struggling to find the balance between an appealing credit card rewards program and the cost of managing it? These consumer trends and industry perspectives will help guide your credit union to building a viable program in 2025.
Packed with data, insights and actionable strategies, this report outlines how your credit union can accelerate digital transformation initiatives in business banking to maintain market share in the increasingly competitive sector.
Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!
Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
Exclusive discounts on ALM and Credit Union Times events.
Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Search
Copyright © 2025 ALM Global, LLC. All Rights Reserved.
Sign In
Sign In
