Monthly Archives: January 1970

ALEXANDRIA, Va. (Nov. 29, 2017) – Twenty-three federally insured, low-income credit unions in 17 states have been awarded $536,000 in grants to support outreach to underserved members, the National Credit Union Administration announced today. The grants, funded by the Community Development Revolving Loan Fund, will help these credit unions provide financial literacy coaching for members in […]

ALEXANDRIA, Va. (Nov. 30, 2017) – Mary Anne Bradfield will become the National Credit Union Administration’s Director of Public and Congressional Affairs, effective Monday, Dec. 18, the agency announced today. “Mary Anne has a wide-ranging career in the public and private sectors, and two themes run through that career: promoting opportunities and working collaboratively,” NCUA […]

Member Deposits Remain Protected by the Share Insurance Fund ALEXANDRIA, Va. (Dec. 4, 2017) – The National Credit Union Administration today liquidated Riverdale Credit Union of Selma, Alabama. Jefferson Financial Federal Credit Union of Metairie, Louisiana, immediately assumed Riverdale Credit Union’s membership, shares, loans, and most other assets. Jefferson Financial Federal Credit Union is a […]

NCUA Board Member Speaks to Oregon Credit Union CEOs ALEXANDRIA, Va. (Dec. 8, 2017) – National Credit Union Administration Board Member Rick Metsger today reminded credit unions the National Credit Union Share Insurance Fund may be required to increase loss reserves as the values of taxi medallions decline. “Prices for New York taxi medallions at […]

New Design Reflects NCUA’s Critical Role in Promoting Financial Stability ALEXANDRIA, Va. (Dec. 11, 2017) – President Donald J. Trump has signed an Executive Order establishing the new official seal for the National Credit Union Administration, the agency announced today. “As a federal regulator and insurer, one of the NCUA’s essential responsibilities is to maintain […]

ALEXANDRIA, Va. (Dec. 13, 2017) – Data on the financial performance of federally insured credit unions in the quarter ending September 30, 2017, are now available from the National Credit Union Administration. NCUA makes detailed credit union system performance data available on its Credit Union and Call Report Data webpage, including Call Report quarterly summaries […]

ALEXANDRIA, Va. (Dec. 14, 2017) – The video recording of the Nov. 16, 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 November open meeting, […]

Board Action Bulletin ALEXANDRIA, Va. (Dec. 14, 2017) – The National Credit Union Administration Board held its tenth open meeting of 2017 at the agency’s headquarters here today and unanimously approved two items: A final rule implementing changes in the agency’s central office organization. A final rule amending the agency’s definition of “in danger of […]

Member Deposits Insured up to $250,000; Member Services Uninterrupted ALEXANDRIA, Va. (Dec. 15, 2017) – The National Credit Union Administration today placed Louisville Metro Police Officers Credit Union, in Louisville, Kentucky, into conservatorship. Member deposits at Louisville Metro Police Officers Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by the […]

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 […]