McWatters Named NCUA Chairman

ALEXANDRIA, Va. (June 27, 2017) – President Donald J. Trump has designated Acting National Credit Union Administration Board Chairman J. Mark McWatters as the tenth Chairman of the NCUA Board, effective June 23. “I thank President Trump for this honor and the trust he has placed in me,” McWatters said. “As Chairman of the NCUA, […]

Chairman McWatters Asks Director Cordray to Exempt Largest Credit Unions from CFPB’s Examination and Enforcement Authority

NCUA Chairman’s Letter Stresses Cooperation to Ease Burdens on Credit Unions ALEXANDRIA, Va. (July 6, 2017) – National Credit Union Administration Chairman J. Mark McWatters today wrote Consumer Financial Protection Bureau Director Richard Cordray to request CFPB provide a conditional exemption for credit unions with assets of more than $10 billion from its examination and […]

Board Re-Schedules July Closed Meeting

ALEXANDRIA, Va. (July 12, 2017) – The National Credit Union Administration Board has re-scheduled its July closed meeting. The July closed meeting will be held Wednesday, July 19, beginning at 3 p.m. Eastern. The July open meeting will still be held Thursday, July 20, beginning at 10 a.m. Eastern. Both meetings were originally scheduled for […]

June 2017 NCUA Board Meeting Video Available

ALEXANDRIA, Va. (July 19, 2017) – The video recording of the June 23, 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 June open meeting, […]

Board Proposes Closing Stabilization Fund and Providing a Distribution in 2018

Board Action Bulletin Estimated Distribution $600 Million to $800 Million; Normal Operating Level of Share Insurance Fund Would Rise; Budget Review Projects $5.8 Million Savings ALEXANDRIA, Va. (July 20, 2017) – The National Credit Union Administration Board held its sixth open meeting of 2017 at the agency’s headquarters here today and unanimously approved three items: […]

Registration for Aug. 9 Stabilization Fund Closure Plan Webinar Now Open

ALEXANDRIA, Va. (July 21, 2017) — Registration is now open for the National Credit Union Administration’s Aug. 9 webinar discussing the agency’s proposed plan to close the Temporary Corporate Credit Union Stabilization Fund. You can register online here (opens new window). The webinar is scheduled to begin at 2 p.m. Eastern, and there is no […]

NCUA Plans Restructuring to Improve Efficiency, Meet Future Challenges

Regional Offices Will Consolidate; Staffing Will be Reorganized ALEXANDRIA, Va. (July 21, 2017) — Greater efficiency, responsiveness, and cost-effectiveness are goals of a long-range agency restructuring plan the National Credit Union Administration Board announced today. “The time has come for the NCUA business model to change,” Board Chairman J. Mark McWatters said. “Positioning the NCUA […]

Board Re-Schedules September Meetings

ALEXANDRIA, Va. (July 25, 2017) – The National Credit Union Administration Board has re-scheduled its September open and closed meetings to Thursday, Sept. 28, beginning at 10 a.m. Eastern. The Board meetings had been scheduled for Thursday, Sept. 21. Meeting agendas are made available on NCUA’s Board Meeting Calendar and Actions webpage. The September open […]

NCUA to Host Webinar on New Learning Management Service

ALEXANDRIA, Va. (July 26, 2017) — The National Credit Union Administration’s new Learning Management Service is up and running, and the agency is hosting a webinar to help credit unions learn about the service’s  training resources on regulatory, operational and strategic subjects. The webinar, “Small Credit Union Learning Management Service,” will be held on Wednesday, […]

Closed Board Meeting – July 19, 2017

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 […]