Monthly Archives: January 1970

ALEXANDRIA, Va. (April 8, 2019) – President Donald J. Trump has designated Rodney E. Hood as the eleventh Chairman of the National Credit Union Administration Board. Today, as his last official action as Chairman of the Board, J. Mark McWatters administered the oath of office to Mr. Hood, at the NCUA headquarters. “It is an […]

ALEXANDRIA, Va. (April 9, 2019) – The National Credit Union Administration Board has re-scheduled its May open and closed meetings, originally set for Thursday, May 16. Both meetings are now scheduled for Thursday, May 23. The open meeting will begin at 10 a.m. Eastern, and the closed meeting will follow immediately after the open meeting […]

Board Action Bulletin ALEXANDRIA, Va. (April 18, 2019) – The National Credit Union Administration Board held its fourth open meeting of 2019 at the agency’s headquarters today and unanimously approved one item: An advance notice of proposed rulemaking requesting public comment on modernizing the NCUA’s regulation on compensation related to loans and lines of credit […]

NCUA Will Award $2 Million for Underserved Outreach, Digital Services, Counselor Certification, and Training ALEXANDRIA, Va. (April 18, 2019) – Low-income credit unions interested in Community Development Revolving Loan Fund grants can submit applications between June 2 and July 20. “Creating opportunities for credit unions to serve low-income and rural communities is central to the […]

Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted ALEXANDRIA, Va. (April 23, 2019) – The National Credit Union Administration today placed Mid East Tennessee Community Credit Union in Decatur, Tennessee, into conservatorship. Member deposits at Mid East Tennessee Community Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by […]

ALEXANDRIA, Va. (April 30, 2019) – The National Credit Union Administration and the U.S. Small Business Administration today launched a three-year collaborative effort to bring small businesses and credit unions together and expand awareness about SBA programs. The NCUA and the SBA signed a memorandum of understanding (opens new window) to undertake a series of […]

ALEXANDRIA, Va. (May 7, 2019) – During Older Americans Month (opens new window), the National Credit Union Administration is highlighting its online resources to help older adults manage money and protect against fraud and exploitation. “During May, we are highlighting NCUA’s educational resources that address the unique financial and consumer protection needs of older Americans,” […]

Accounts Protected by Share Insurance Fund; Member Services Uninterrupted ALEXANDRIA, Va. (May 17, 2019) – The New York State Department of Financial Services today took possession of Municipal Credit Union, located in New York City, and appointed the National Credit Union Administration as conservator. Member deposits at Municipal Credit Union remain protected by the National […]

ALEXANDRIA, Va. (May 20, 2019) – National Credit Union Administration Board Chairman Rodney E. Hood today presented a federal credit union charter to the Otoe-Missouria Federal Credit Union in Red Rock, Oklahoma. “I congratulate the tribal community for making their vision for this credit union a reality,” NCUA Board Chairman Rodney Hood said. “This charter […]

ALEXANDRIA, Va. (May 21, 2019) – This week, the National Credit Union Administration will pay dividends for more than 5,500 institutions eligible for the $160.1 million National Credit Union Share Insurance Fund distribution, the agency announced today. “Prudent actions by the NCUA Board and the agency’s successful stewardship of the Share Insurance Fund made this […]