NCUA seeks comments on federal credit unions’ investment reporting

first_imgNCUA is inviting public comment on its current investment reporting regulations, specifically whether the reporting requirements on securities, deposits and other investments are necessary and ways to minimize federal credit unions’ information-collection burden.Comments are due to the agency by May 31. NCUA, through a Federal Register notice, said the information it collects from federal credit unions on their investment programs is used to determine the level of risk within a credit union and actions taken to mitigate such risk; and helps prevent losses to credit unions and the National Credit Union Share Insurance Fund. continue reading » 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

Leave a Reply

Your email address will not be published. Required fields are marked *