Monthly Archives: January 1970

ALEXANDRIA, Va. (Feb. 28, 2019) – The National Credit Union Administration issued one prohibition order in February. This individual is prohibited from participating in the affairs of any federally insured financial institution. Deborah N. Peters, a former institution-affiliated party of Wilkes-Barre City Employees Federal Credit Union in Wilkes-Barre, Pennsylvania, agreed and consented to the issuance […]

ALEXANDRIA, Va. (March 6, 2019) – Data on the financial performance of federally insured credit unions for the quarter ending Dec. 31, 2018, are now available from the National Credit Union Administration. The NCUA’s Quarterly Credit Union Data Summary reports include an overview of the quarterly Call Report data as well as tables showing the […]

The Federal Financial Institutions Examination Council (FFIEC) members today issued principles to promote consistency, clarity and ease of reference for the presentation of information in examination reports. The FFIEC Policy Statement on the Report of Examination (opens new window) was developed as part of the FFIEC’s Examination Modernization Project (opens new window), which is aimed […]

ALEXANDRIA, Va. (March 7, 2019) – The National Credit Union Administration Board today approved a $160.1 million equity distribution from the National Credit Union Share Insurance Fund that will be paid to eligible credit unions in the second quarter of 2019. “While continuing to advance the objectives of protecting member deposits and maintaining a safe […]

ALEXANDRIA, Va. (March 12, 2019) – By working together in a bipartisan manner, the NCUA Board enacted a number of regulatory reforms and modernization initiatives to meet its statutory obligation of ensuring a safe and sound credit union system while providing credit unions with measures of regulatory relief, National Credit Union Administration Board Chairman J. […]

ALEXANDRIA, Va. (March 13, 2019) – The National Credit Union Administration today released its 2018 Annual Report (opens new window), highlighting the agency’s activities, policy initiatives, and accomplishments for 2018. “The annual report highlights a very productive year for the NCUA,” NCUA Board Chairman J. Mark McWatters said. “Along with the largest Share Insurance Fund […]

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 […]

Chairman McWatters Welcomes New Members ALEXANDRIA, Va. (March 14, 2019) – The U.S. Senate today confirmed Rodney Hood and Todd Harper as National Credit Union Administration Board Members. “I congratulate Rodney Hood and Todd Harper, and I look forward to working with both of them in a collegial, bipartisan manner,” NCUA Board Chairman J. Mark […]

Board Action Bulletin ALEXANDRIA, Va. (March 14, 2019) – The National Credit Union Administration Board held its third open meeting of 2019 at the agency’s headquarters today and unanimously approved one item: A final rule making regulations regarding loans and lines of credit to members clearer and easier to follow. The Chief Financial Officer briefed […]

ALEXANDRIA, Va. (March 14, 2019) – Federally insured credit unions generally saw continued positive trends in the fourth quarter of 2018, according to the latest NCUA Quarterly U.S. Map Review. The review tracks performance indicators for federally insured credit unions in all 50 states and the District of Columbia and includes information on two important […]