State Credit Union Data Show Loan Growth Rate Up; Assets, Shares Growth Slower in Third Quarter of 2017

ALEXANDRIA, Va. (Dec. 20, 2017) – Federally insured credit unions across the country saw loans grow at a faster rate in the third quarter than a year earlier, while assets and shares grew more slowly, according to state-level data compiled by the National Credit Union Administration and released today. Nationally, median loan growth in federally […]

NCUA Charters Civic Federal Credit Union

New Credit Union Will Serve North Carolina Local Government Employees ALEXANDRIA, Va. (Dec. 20, 2017) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Civic Federal Credit Union in Raleigh, North Carolina. “Expanding access to affordable business loans, Civic Federal Credit Union is well-poised to enhance the […]

NCUA Webinar Will Discuss New Office of Credit Union Resources and Expansion

Register Now to Learn about Services that will Become Available ALEXANDRIA, Va. (Dec. 22, 2017) – The National Credit Union’s new Office of Credit Union Resources and Expansion will begin operations on Jan. 7, 2018, and credit unions can learn about what CURE is offering on an agency webinar scheduled for Wednesday, Jan. 10, 2018. […]

39 Credit Unions Agree to Late-Filing Penalties for Second Quarter 2017

ALEXANDRIA, Va. (Dec. 22, 2017) – Thirty-nine federally insured credit unions subject to civil monetary penalties for filing late Call Reports in the second quarter of 2017 have agreed to  penalties totaling $10,150, the National Credit Union Administration announced today. A list of credit unions filing late in the second quarter of 2017 and agreeing […]

December 2017 NCUA Board Meeting Video Available

ALEXANDRIA, Va. (Dec. 27, 2017) – The video recording of the Dec. 14, 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 December open meeting, […]

Closed Board Meeting – January 25, 2018

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 […]

NCUA Seeks Comments on Proposed Call Report Modernization

Board Action Bulletin Board Adopts Updated Strategic Plan, Annual Performance Plan ALEXANDRIA, Va. (Jan. 25, 2018) – The National Credit Union Administration Board held its first open meeting of 2018 at the agency’s headquarters here today and unanimously approved two items: A proposed rule to clarify agency procedures for resolving severance claims arising from involuntary […]

Low-Income Credit Unions in Florida, Puerto Rico, Texas, and the Virgin Islands Have an Opportunity to Obtain CDFI Certification

NCUA Opens Special Round of Streamlined Process; Deadline Feb. 16 ALEXANDRIA, Va. (Jan. 26, 2018) – Low-income credit unions in Florida, Puerto Rico, Texas, and the U.S. Virgin Islands, areas hit hardest by hurricanes Harvey, Irma, and Maria last fall, have a special opportunity to seek certification as Community Development Financial Institutions through the National […]

Las cooperativas de ahorro y crédito de bajos ingresos en Florida, Puerto Rico, Texas y las Islas Vírgenes tienen la oportunidad de obtener una certificación CDFI

La NCUA abre una ronda especial para un proceso agilizado; fecha límite: 16 de febrero ALEXANDRIA, Va. (26 de enero de 2018) – Las cooperativas de ahorro y crédito de bajos ingresos en Florida, Puerto Rico, Texas y las Islas Vírgenes, cuyas zonas fueron afectadas por los huracanes Harvey, Irma y Maria en el otoño […]

St. Elizabeth’s Credit Union Closes; Northstar Credit Union Assumes Most Shares and Purchases Loans

Member Services Continue; Deposits Protected by the Share Insurance Fund ALEXANDRIA, Va. (Jan. 30, 2018) – The Illinois Department of Financial and Professional Regulation today issued an order of liquidation to St. Elizabeth’s Credit Union of Chicago and subsequently appointed the National Credit Union Administration as liquidating agent. Northstar Credit Union, of Warrenville, Illinois, immediately […]