Monthly Archives: January 1970

ALEXANDRIA, Va. (May 22, 2019) – Today, National Credit Union Administration (NCUA) Chairman Rodney E. Hood announced he has appointed H. Lenwood Brooks, V, to serve as Assistant to the Chairman and Director of External Affairs for the NCUA. Mr. Brooks joins the NCUA from the Securities Industry and Financial Markets Association, where he served […]

Board Action Bulletin Proposed Rule Would Raise Nonmember Capital Limit ALEXANDRIA, Va. (May 23, 2019) – The National Credit Union Administration Board held its fifth open meeting of 2019 at the agency’s headquarters today and unanimously approved one item: A proposed rule allowing a federal credit union to accept nonmember and public unit shares up […]

ALEXANDRIA, Va. (May 29, 2019) – Online registration (opens new window) is open for a June 18 webinar discussing updates to the flood insurance rule (opens new window). The webinar, hosted by the National Credit Union Administration and four other federal financial regulatory agencies, is scheduled to begin at 2 p.m. Eastern and run approximately […]

ALEXANDRIA, Va. (June 5, 2019) – Online registration (opens new window) is open for a June 12 webinar discussing the Bank Enterprise Award Program (opens new window), hosted by the National Credit Union Administration. The webinar, “Bank Enterprise Award Program,” is scheduled to begin at 2 p.m. Eastern and run approximately 60 minutes. Participants will […]

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 […]

ALEXANDRIA, Va. (June 11, 2019) – Buying a home can be confusing, so the National Credit Union Administration has created a new video that makes the process easier to understand. The NCUA video, Understanding the Basics of Obtaining a Home Mortgage (opens new window), guides potential homebuyers through the steps of shopping for the right […]

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

ALEXANDRIA, Va. (June 20, 2019) – National Credit Union Administration Board Chairman Rodney E. Hood has appointed Johnny E. Davis, Jr. as Special Advisor to the Chairman for Cybersecurity. “Cybersecurity is one of my top priorities as Chairman of the NCUA,” Hood said. “I have great confidence in Johnny’s experience and judgment in this critical […]

Board Action Bulletin ALEXANDRIA, Va. (June 20, 2019) – The National Credit Union Administration Board held its sixth open meeting of 2019 at the agency’s headquarters today and approved one item: A proposed rule delaying the effective date of the agency’s risk-based capital rule to Jan. 1, 2022. RBC Delay Would Give More Time for […]

Chairman Hood Praises the Act’s “Democratization of Banking and Credit” ALEXANDRIA, Va. (June 26, 2019) – To mark the 85th anniversary of the Federal Credit Union Act, the National Credit Union Administration has launched a digital outreach initiative, “85 Years of Community, Service, and Savings.” NCUA Board Chairman Rodney E. Hood urged credit unions to […]