Monthly Archives: January 1970

Five federal financial institutions regulators and state regulators encourage financial institutions to work with consumers affected by the federal government shutdown. While the effects of the federal government shutdown on individuals should be temporary, affected borrowers may face a temporary hardship in making payments on debts such as mortgages, student loans, car loans, business loans, […]

Board Action Bulletin ALEXANDRIA, Va. (Jan. 17, 2019) – The National Credit Union Administration Board held its first open meeting of 2019 at the agency’s headquarters today and unanimously approved two items: The agency’s 2019 Annual Performance Plan, which outlines the strategies and indicators the NCUA will use to improve performance and set priorities for […]

ALEXANDRIA, Va. (Jan. 23, 2019) – The video recording of the Dec. 13, 2018, open meeting of the National Credit Union Administration Board is now available on the agency’s website. The NCUA posts archived videos of past Board meetings on its Board Meetings, Agendas, and Results webpage, and each video remains on the page for […]

ALEXANDRIA, Va. (Feb. 2, 2019) – National Credit Union Administration Board Chairman J. Mark McWatters today issued the following comment on President Donald J. Trump’s announced intention to nominate Todd M. Harper to the agency’s Board: “I extend my sincerest congratulations to Todd Harper on President Trump’s intent to nominate him to the National Credit […]

ALEXANDRIA, Va. (Feb. 8, 2019) – The National Credit Union Administration makes protection of sensitive data a top priority, and the agency uses a defense-in-depth approach to monitoring and shielding its systems and information. Upon learning of the recent spear phishing campaign targeting Bank Secrecy Act officers at credit unions, the NCUA conducted a comprehensive […]

WASHINGTON—Five federal regulatory agencies issued a joint final rule (opens new window) to implement provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 requiring regulated institutions to accept certain private flood insurance policies in addition to National Flood Insurance Program policies. The rule, which takes effect July 1, 2019: Implements the Biggert-Waters Act requirement […]

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 Action Bulletin ALEXANDRIA, Va. (Feb. 14, 2019) – The National Credit Union Administration Board held its second open meeting of 2019 at the agency’s headquarters today and unanimously approved one item: A proposed rule to clarify and provide additional flexibility in the agency’s regulation covering required credit union supervisory committee audits. The Office of […]

Opinions Cover Share Insurance Fund, Operating Fund, CLF and CDRLF ALEXANDRIA, Va. (Feb. 15, 2019) – The National Credit Union Administration’s four funds earned unmodified, or “clean,” audit opinions for 2018, according to audited financial statements released today by the agency’s Office of the Inspector General. The complete 2018 financial statement audits (opens new window) […]

ALEXANDRIA, Va. (Feb. 25, 2019) – The video recording of the Jan. 17, 2019, open meeting of the National Credit Union Administration Board is now available on the agency’s website. The NCUA posts archived videos of past Board meetings on its Board Meetings, Agendas, and Results webpage, and each video remains on the page for […]