NCUA Releases 2017 Annual Report

ALEXANDRIA, Va. (March 20, 2018) – The National Credit Union Administration today released its 2017 Annual Report (opens new window), highlighting the agency’s activities, policy initiatives and accomplishments for 2017. “In 2017, we took a number of significant steps to strengthen the credit union system and to improve the NCUA’s efficiency, effectiveness, transparency, and accountability,” […]

Chairman McWatters’ letter to Senate Finance Committee Chairman Hatch

The Federal Financial Institutions Examination Council (FFIEC) members today issued a joint statement to describe matters that financial institutions should consider if they are determining whether to use cyber insurance as a component of their risk management programs. The FFIEC members do not require financial institutions to maintain cyber insurance. The evolving cyber insurance market […]

March 2018 NCUA Board Meeting Video Available

ALEXANDRIA, Va. (April 4, 2018) – The video recording of the March 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 March open meeting, […]

NCUA’s CURE to Host Bank Secrecy Act Webinar

Register Now to Learn About Requirements for Ongoing Customer Due Diligence ALEXANDRIA, Va. (April 9, 2018) – Credit unions with questions about complying with customer due diligence requirements in the Bank Secrecy Act can get valuable information on a National Credit Union Administration webinar scheduled for April 25. The Financial Crimes Enforcement Network in 2016 […]

FFIEC Issues Joint Statement on Cyber Insurance and Its Potential Role in Risk Management Programs

The Federal Financial Institutions Examination Council (FFIEC) members today issued a joint statement to describe matters that financial institutions should consider if they are determining whether to use cyber insurance as a component of their risk management programs. The FFIEC members do not require financial institutions to maintain cyber insurance. The evolving cyber insurance market […]

Stress-Testing Rule Reduces Burdens, Allows Credit Unions to Conduct Tests

Board Action Bulletin Advertising Rule Gives Credit Unions New Options on Advertising ALEXANDRIA, Va. (April 19, 2018) – The National Credit Union Administration Board held its fourth open meeting of 2018 at the agency’s headquarters today and unanimously approved two items: A final rule reducing regulatory burdens on federally insured credit unions with assets of […]

Closed Board Meeting – April 19, 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 […]

Board Revises 2018 Meeting Schedule

ALEXANDRIA, Va. (May 3, 2018) – The National Credit Union Administration Board has revised its 2018 meeting schedule. The open meeting originally scheduled for July 26 has been moved to Aug. 2. All open Board meetings are scheduled to begin at 10 a.m. Eastern. The revised meeting schedule is as follows: May 24 June 21 […]

NCUA Webinar Will Explain Benefits of CDFI Certification

ALEXANDRIA, Va. (May 4, 2018) – Credit unions interested in becoming designated as Community Development Financial Institutions can get valuable information on an upcoming webinar hosted by the National Credit Union Administration. The webinar, “Benefits of CDFI Certification,” is scheduled for Wednesday, May 16, beginning at 2 p.m. Eastern. Online registration is available here (opens […]

FFIEC Announces Availability of 2017 Data on Mortgage Lending

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 5,852 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. Released today are loan-level HMDA data that cover 2017 lending activity submitted by financial […]