Monthly Archives: January 1970

ALEXANDRIA, Va. (June 14, 2018) – Federally insured credit unions across the country generally saw continued positive trends in the first quarter of 2018, 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 […]

ALEXANDRIA, Va. (June 18, 2018) – National Credit Union Administration Board Chairman J. Mark McWatters today issued the following comment on President Donald J. Trump’s announced intention to nominate Rodney Hood to the agency’s Board: “I extend my sincerest congratulations to Mr. Hood on President Trump’s intent to nominate him to the National Credit Union […]

ALEXANDRIA, Va. (June 19, 2018) – The video recording of the May 24, 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 May open meeting, […]

ALEXANDRIA, Va. (June 21, 2018) – The National Credit Union Administration Board held its sixth open meeting of 2018 at the agency’s headquarters today and unanimously approved two items: A final rule amending the agency’s regulations governing its chartering and field-of-membership rules with respect to applicants for a community charter approval, expansion, or conversion. A […]

Approximately $2 Million Available; Application Deadline is Aug. 18 ALEXANDRIA, Va. (June 26, 2018) – Low-income credit unions interested in applying for Community Development Revolving Loan Fund grants can begin submitting applications July 1. The NCUA will administer approximately $2 million in CDRLF grants to the most qualified applicants, subject to the availability of funds. […]

ALEXANDRIA, Va. (June 27, 2018) – Share insurance is a fundamental part of the nation’s credit union system, and credit union professionals can learn more about how it works on two upcoming webinars hosted by the National Credit Union Administration. The first, “Looking for a CURE for Share Insurance? – Part One,” is scheduled for […]

Member Deposits Protected up to $250,000 by Share Insurance Fund ALEXANDRIA, Va. (June 29, 2018) – The Kentucky Department of Financial Institutions today appointed the National Credit Union Administration as liquidating agent of Louisville Metro Police Officers Credit Union of Louisville. Commonwealth Credit Union of Frankfort, Kentucky, immediately assumed Louisville Metro Police Officers Credit Union’s […]

ALEXANDRIA, Va. (July 17, 2018) – Next week, the National Credit Union Administration will pay dividends for more than 5,700 institutions eligible for the $735.7 million Share Insurance distribution, the agency announced today. Statements will be mailed to dividend recipients this week, indicating the amounts they will receive. An institution that filed a quarterly Call […]

ALEXANDRIA, Va. (July 18, 2018) – Nine federally insured credit unions subject to civil monetary penalties for filing late Call Reports in the fourth quarter of 2017 have agreed to penalties totaling $3,109, the National Credit Union Administration announced today. A list of credit unions filing late in the fourth quarter of 2017 and agreeing […]

ALEXANDRIA, Va. (July 24, 2018) – The video recording of the June 21, 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 June open meeting, […]