Monthly Archives: January 1970

ALEXANDRIA, Va. (Feb. 28, 2017) – The Temporary Corporate Credit Union Stabilization Fund has received a seventh consecutive clean audit opinion, the National Credit Union Administration announced today. During 2016, the Stabilization Fund’s financial condition remained stable, maintaining sufficient available liquidity to meet its obligations. This was the third consecutive year in which the Stabilization […]

NCUA Acting Chairman Discusses Possible Stabilization Fund Closure in 2017 WASHINGTON (Feb. 28, 2017) – In his first address since his designation as Acting NCUA Board Chairman, J. Mark McWatters informed credit unions they can anticipate a “thoughtful loosening” of regulations, a streamlined agency budget, and the possible closure of the Temporary Corporate Credit Union […]

Register Now to Join the Conversation on March 22 ALEXANDRIA, Va. (March 1, 2017) – Electronic financial services are critical to success in the financial industry, and the National Credit Union Administration will host a webinar, “Pathways to Offering E-Services,” to help credit unions better understand how to put those services to work for their […]

ALEXANDRIA, Va. (March 6, 2017) – The National Credit Union Administration today released the new credit union system financial performance figures based on Call Report data submitted to and compiled by the agency for the quarter ending Dec. 31, 2016. NCUA makes detailed credit union system performance data available on its Credit Union and Call […]

Agency Receives Awards for Innovation and Website in Annual Charity Campaign ALEXANDRIA, Va. (March 6, 2017) – JeanMarie Komyathy, Deputy Director of the National Credit Union Administration’s Office of Small Credit Union Initiatives, was honored for the second time as a Hero of the Year by the Combined Federal Campaign of the National Capital Area. […]

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. (March 13, 2017) – The National Credit Union Administration released today its 2016 Annual Report (opens new window), highlighting the agency’s activities, policy initiatives and accomplishments for 2016. “By nearly every measure, the credit union system continued to perform well in 2016,” Acting NCUA Board Chairman J. Mark McWatters said. “While credit unions […]

ALEXANDRIA, Va. (March 15, 2016) – Federally insured credit unions saw continued improvement in nearly every category during the fourth quarter of 2016, according to state-level data compiled by the National Credit Union Administration and released today. Nationally, median loan growth in federally insured credit unions was 4.0 percent during the year ending in the […]

Member Deposits Remain Protected up to $250,000 by Share Insurance Fund ALEXANDRIA, Va. (March 17, 2017) – Gulf Winds Federal Credit Union, of Pensacola, Florida, has assumed the members and deposits of the former Florida Conference AME Church Federal Credit Union of Tallahassee, the National Credit Union Administration announced today. Gulf Winds is a federal […]

Member Deposits Protected up to $250,000 by Share Insurance Fund ALEXANDRIA, Va. (March 17, 2017) – The National Credit Union Administration today liquidated Florida Conference AME Church Federal Credit Union of Tallahassee, Florida. Member deposits are federally insured by the National Credit Union Share Insurance Fund. Administered by NCUA, the Share Insurance Fund insures individual accounts […]