Monthly Archives: January 1970

Streamlined Application Process Can Help Eligible Credit Unions ALEXANDRIA, Va. (Aug. 3, 2017) – The National Credit Union Administration is hosting its third and final round for credit unions to qualify to use the streamlined application for certification as community development financial institutions. In the streamlined application process, developed by the NCUA and the Community […]

Four-Year Plan Maps a “Significant and Comprehensive Relief Effort” ALEXANDRIA, Va. (Aug. 16, 2017) – The National Credit Union Administration is inviting credit union stakeholders to read and comment on a package of regulatory reforms recommended by an internal agency task force. The task force has recommended changes that would be adopted in the coming […]

Comments on the Proposed Plan Due by Sept. 5 ALEXANDRIA, Va. (Aug. 16, 2017) — The National Credit Union Administration has now posted the Aug. 9 webinar covering its proposed plan to close the Temporary Corporate Credit Union Stabilization Fund. The NCUA Board at its July 20 open meeting unanimously approved issuing the proposed plan […]

ALEXANDRIA, Va. (Aug. 17, 2017) – The video recording of the July 20, 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 July open meeting, […]

ALEXANDRIA, Va. (Aug. 25, 2017) – Credit unions along the Gulf Coast in Texas should take precautions as Hurricane Harvey approaches, the National Credit Union Administration said today. Hurricane Harvey is currently located in the Gulf of Mexico, about 120 miles southeast of Corpus Christi, Texas, and is travelling north-northwest at about 10 miles per […]

ALEXANDRIA, Va. (Aug. 28, 2017) – The National Credit Union Administration is providing help to credit unions and their members in parts of Texas and Louisiana struck by Hurricane Harvey. “We have been monitoring the situation constantly since last week, and NCUA staff are coordinating with other agencies and working continually to provide assistance to […]

Third Quarter Issue of The NCUA Report Now Available Online ALEXANDRIA, Va. (Aug. 29, 2017) – As part of its efforts to improve efficiency and reduce costs where possible, the National Credit Union Administration announced it is ending the print edition of its quarterly newsletter, beginning with the third quarter issue released today. As an […]

Board Member Addresses NASCUS on Closure, Mergers Rule, Reorganization SAN DIEGO, Ca. (Aug. 31, 2017) – National Credit Union Administration Board Member Rick Metsger today reminded credit unions of the Sept. 5 deadline for submitting comments on the proposed plan to close the Temporary Corporate Credit Union Stabilization Fund and make a Share Insurance distribution […]

ALEXANDRIA, Va. (Sept. 5, 2017) – Credit unions in the path of Hurricane Irma are being advised to take precautions as the storm bears down on the Virgin Islands, Puerto Rico, and the U.S. mainland, the National Credit Union Administration said today. Hurricane Irma is currently a Category 5 storm, with sustained winds of 180 […]

251 Low-Income Credit Unions Will Expand Services, Train Staff, Improve Security ALEXANDRIA, Va. (Sept. 5, 2017) – More than $1.8 million in grants will help 251 low-income credit unions expand digital services to underserved communities, provide leadership training, and improve cybersecurity, the National Credit Union Administration announced today. A list of grantees is available on […]