NCUA Will Host a Feb. 11 Webinar on How to Use the New Reporting System
ALEXANDRIA, Va. (Jan. 25, 2016) – The National Credit Union Administration announced today that credit union service organizations will have 60 days to register with NCUA’s CUSO Registry, the new online system for CUSOs to report their operational and financial information directly to the agency.
The registration period begins Monday, Feb. 1, and ends Thursday, March 31. There is no fee to use the registry. CUSOs can access the registry at (opens new window).
NCUA will provide additional support material and customer support when the system goes live on Feb. 1.
As part of NCUA’s enhanced CUSO rule approved by the Board in November 2013, federally insured credit unions are responsible for ensuring the CUSOs they make loans to or invest in agree to provide certain information directly to NCUA.
Additional information on the CUSO Registry and the registration process can be found here.
In addition, as part of the launch of the CUSO Registry, NCUA will host a webinar on how to use the system on Thursday, Feb. 11, beginning at 2:30 p.m. Eastern. An online registration page for the webinar will be available in the coming days. There will be no charge for the webinar.
In advance of the webinar, registrants can submit questions to WebinarQuestions@ncua.gov. The subject line of the email should read, “CUSO Registry Training.”