Monthly Archives: January 1970

ALEXANDRIA, Va. (June 12, 2017) – Federally insured credit unions across the country saw continued improvement in nearly every category during the first quarter of 2017, 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 4.4 percent during the year […]

New Credit Union Will Provide Affordable Financial Services to a Low-Income Community in Lincoln, Nebraska ALEXANDRIA, Va. (June 12, 2017) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Community HOPE Federal Credit Union in Lincoln, Nebraska. Community HOPE will be able to serve approximately 40,000 residents […]

ALEXANDRIA, Va. (June 14, 2017) – The National Credit Union Administration Board has re-scheduled its June open and closed meetings. The June closed meeting will be held Wednesday, June 21, beginning at 3:30 p.m. Eastern. The June open meeting will be held Friday, June 23, beginning at 10 a.m. Eastern. Both meetings were originally scheduled […]

NCUA Working to Provide Regulatory Relief, Close Stabilization Fund WASHINGTON (June 14, 2017) – Credit unions can expect more regulatory relief and streamlined operations from the National Credit Union Administration in the future, Acting Board Chairman J. Mark McWatters said today. McWatters described agency goals and steps NCUA has already taken to reduce burdens and […]

ALEXANDRIA, Va. (June 21, 2017) – The video recording of the May 25, 2017, open meeting of the National Credit Union Administration Board is now available on the agency’s website. Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year. At the May open meeting, […]

NCUA Acting Chairman Highlights Field of Membership, Member Business Lending, and Supplemental Capital WASHINGTON (June 22, 2017) – National Credit Union Administration Acting Chairman J. Mark McWatters today recommended that Congress support the agency’s efforts to ease regulatory burdens on credit unions by tailoring and simplifying federal law. “The NCUA encourages Congress to consider providing […]

Member Deposits Insured up to $250,000; Member Services Uninterrupted ALEXANDRIA, Va. (June 22, 2017) – The Alabama Credit Union Administration today placed Riverdale Credit Union, in Selma, into conservatorship and appointed the National Credit Union Administration as agent for the conservator. NCUA subsequently conserved the credit union. Member deposits at Riverdale remain protected by the […]

Board Action Bulletin Enterprise Solution Modernization Program Points to Greater Agency Efficiencies ALEXANDRIA, Va. (June 23, 2017) – The National Credit Union Administration Board held its fifth open meeting of 2017 at the agency’s headquarters here today and unanimously approved five items: Publishing a request for comment in the Federal Register on proposed changes in […]

Member Deposits Remain Protected to $250,000; Member Services Uninterrupted ALEXANDRIA, Va. (June 23, 2017) – The National Credit Union Administration today placed Citizens Community Credit Union, located in Devils Lake, North Dakota, into conservatorship. Member deposits at Citizens Community Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by NCUA, the […]

Member Deposits Insured up to $250,000, Member Services Uninterrupted ALEXANDRIA, Va. (June 26, 2017) – The National Credit Union Administration today placed LOMTO Federal Credit Union in Woodside, New York, into conservatorship. Member deposits at LOMTO Federal Credit Union remain federally insured by the National Credit Union Share Insurance Fund. Administered by NCUA, the Share […]