FTC, NCUA Facebook Event Will Discuss Guarding Against Popular Financial Scams

Facebook Live is Part of National Consumer Protection Week Activities ALEXANDRIA, Va. (March 1, 2018) – Consumers can learn more about protecting their identity and money from popular financial scams during a live event hosted on the National Credit Union Administration’s Facebook page (opens new window). The Facebook live event is scheduled for Wednesday, March […]

NCUA Releases Q4 2017 Credit Union System Performance Data

ALEXANDRIA, Va. (March 5, 2018) – Data on the financial performance of federally insured credit unions in the quarter ending Dec. 31, 2017, are now available from the National Credit Union Administration. NCUA makes detailed credit union system performance data available on its Credit Union and Call Report Data webpage, including Call Report quarterly summaries […]

NCUA Board Re-Schedules March Closed Meeting

ALEXANDRIA, Va. (March 7, 2018) – The National Credit Union Administration Board has re-scheduled its March closed meeting. The March closed meeting will be held Wednesday, March 14, beginning at 1:30 p.m. Eastern. The March open meeting will still be held Thursday, March 15, beginning at 10 a.m. Eastern. Both meetings were originally scheduled for […]

NCUA Board Adds to Closed Meeting Agenda

ALEXANDRIA, Va. (March 13, 2018) – The National Credit Union Administration Board has added a second item to the agenda for its closed meeting scheduled for Wednesday, March 14, beginning at 1:30 p.m. Eastern. The revised agenda is as follows: Board Appeal. Closed pursuant to Exemption (8). Supervisory Action. Closed pursuant to Exemptions (8), (9)(i)(B), […]

State Credit Union Data Show Loan Growth Continues in Fourth Quarter of 2017

ALEXANDRIA, Va. (March 13, 2018) – Federally insured credit unions across the country saw continued loan growth in the fourth quarter, according to state-level data compiled by the National Credit Union Administration and released today. Nationally, median loan growth in federally insured credit unions was 5.0 percent during the year ending in the fourth quarter. […]

Closed Board Meeting – March 14, 2018

NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of account holders in all federal credit unions and […]

Beverly Bus Garage Federal Credit Union Conserved

Deposits Protected by Share Insurance Fund; Member Services Uninterrupted ALEXANDRIA, Va. (March 14, 2018) – The National Credit Union Administration today placed Beverly Bus Garage Federal Credit Union, in Chicago, Illinois, into conservatorship. Member deposits at Beverly Bus Garage Federal Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by the […]

NCUA Board Seeks Comments on Possible Credit Union Bylaws Changes

Board Action Bulletin Credit Union Stakeholders Can Also Comment on a Proposal to Improve Procurement Process ALEXANDRIA, Va. (March 15, 2018) – The National Credit Union Administration Board held its third open meeting of 2018 at the agency’s headquarters here today and unanimously approved two items: An advance notice of proposed rulemaking seeking stakeholder comments […]

First CDFI Qualification Round Opens March 19

ALEXANDRIA, Va. (March 16, 2018) – Federally insured, low-income credit unions interested in becoming certified community development financial institutions may be eligible to use the National Credit Union Administration’s streamlined application. In the streamlined process, which runs from March 19 to April 6, low-income credit unions submit data on loan originations to the NCUA’s Office […]

February 2018 NCUA Board Meeting Video Available

ALEXANDRIA, Va. (March 19, 2018) – The video recording of the Feb. 15, 2018, open meeting of the National Credit Union Administration Board is now available on the agency’s website. Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year. At the February open meeting, […]