Monthly Archives: January 1970

ALEXANDRIA, Va. (Jan. 29, 2021) – The National Credit Union Administration issued two prohibition notices in January. These individuals are prohibited from participating in the affairs of any federally insured financial institution. Kyle Erisman, a former employee of True North Federal Credit Union in Juneau, Alaska, was sentenced on a charge of embezzlement in connection […]

ALEXANDRIA, Va. (Jan. 26, 2021) – National Credit Union Administration Vice Chairman Kyle S. Hauptman and Board Member Rodney E. Hood congratulated Todd M. Harper on being named NCUA Board Chairman by President Joseph R. Biden, Jr. “I congratulate Todd on his appointment as Chair of the NCUA,” Vice Chairman Hauptman said. “I look forward to working with him […]

ALEXANDRIA, Va. (Jan. 25, 2021) – President Joseph R. Biden, Jr. has designated National Credit Union Administration Board Member Todd M. Harper as the twelfth Chairman of the NCUA Board. Harper succeeds Rodney Hood, who was designated Board Chairman in April 2019. Hood continues to serve as an NCUA Board Member. “I have received the […]

ALEXANDRIA, Va. (Jan. 21, 2021) – The National Credit Union Administration, along with the Financial Crimes Enforcement Network, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, and in consultation with staff from other federal agencies, have issued responses to frequently […]

ALEXANDRIA, Va. (Jan. 19, 2021) – The National Credit Union Administration Board unanimously approved today by notation vote a final rule (opens new window) that outlines and confirms the agency’s use of supervisory guidance. The proposed rule was issued on November 5, 2020, as a joint interagency rulemaking among the NCUA, the Board of Governors […]

Hood Thanks Roget for Her Leadership During His Tenure ALEXANDRIA, Va. (Jan. 19, 2021) – National Credit Union Administration Chairman Rodney E. Hood issued the following statement thanking Gisele Roget, the NCUA’s Deputy Chief of Staff, for her leadership during his tenure. Roget has served in her Deputy Chief of Staff role since joining the […]

Chairman Hood Releases Select Accomplishments from April 2019 to January 2021 ALEXANDRIA, Va. (Jan. 19, 2021) – National Credit Union Administration Chairman Rodney E. Hood released today selected accomplishments since he was sworn in as the eleventh Chairman of the NCUA in April 2019. Throughout Chairman Hood’s historic tenure as the first Black American to […]

ALEXANDRIA, Va. (Jan. 15, 2021) – National Credit Union Administration Chairman Rodney E. Hood issued the following statement today on Brian Brooks, who served as Acting Comptroller of the Currency. “During his tenure, Acting Comptroller Brooks had a significant impact on the OCC, providing strong, thoughtful, and steady leadership. I appreciate his public service to […]

MOU Underscores NCUA and CFPB Commitment to Consumer Protection ALEXANDRIA, Va. (Jan. 14, 2021) – The National Credit Union Administration and the Consumer Financial Protection Bureau announced a memorandum of understanding agreement to improve coordination between the agencies related to the consumer protection supervision of credit unions over $10 billion dollars in assets. “This agreement […]

Board Action Bulletin ALEXANDRIA, Va. (Jan. 14, 2021) – Through a live audio webcast, the National Credit Union Administration Board held its first open meeting of 2021 and approved six items: A proposed rule that would raise the asset threshold for defining a credit union as “complex” for purposes of being subject to any risk-based […]