FFIEC Provides Update of Examination Modernization Project

For Immediate Release: March 22, 2018 The members of the Federal Financial Institutions Examination Council (FFIEC) today announced an update on its Examination Modernization Project that was undertaken as a follow-up to the review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA). The objective of the project is to identify and […]

FFIEC Announces Availability of 2016 Data on Mortgage Lending

For Immediate Release: September 28, 2017 The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 6,762 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data cover 2016 lending activity and […]

Tracy Federal Credit Union Placed Into Conservatorship

March 19, 2010 Alexandria, Va. – The National Credit Union Administration (NCUA) today placed into conservatorship Tracy Federal Credit Union of Tracy, California. The action was taken to preserve member assets and ensure uninterrupted credit union service. Member funds are federally insured by the National Credit Union Share Insur ance Fund up to at least […]

Six Credit Unions Agree to Late-Filing Penalties for Second Quarter of 2019

Alexandria, Va. (Feb. 3, 2020) – Six federally insured credit unions subject to civil money penalties for filing late Call Reports in the second quarter of 2019 have agreed to penalties of $2,259, the National Credit Union Administration announced today. Individual penalties ranged from $150 to $757. The median penalty was $330. The Federal Credit […]

Cayse Named Western Region Associate Regional Director of Operations

ALEXANDRIA, Va. (Jan. 21, 2020) – National Credit Union Administration Executive Director Mark Treichel today announced the selection of Julie Cayse as associate regional director of operations for the agency’s Western Region. Cayse began her NCUA career in 2010 as an examiner after several years working in financial services in the private sector. She has […]

Federal Bank Regulatory Agencies and FinCEN Improve Transparency of Risk-Focused BSA/AML Supervision

WASHINGTON – As a result of a working group established by the U.S. Department of the Treasury’s Office of Terrorism and Financial Intelligence, the federal bank regulatory agencies and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today issued a joint statement as part of continuing efforts to improve transparency into their […]

Closed Board Meeting – March 27, 2019

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 Releases Q3 2018 Credit Union System Performance Data

ALEXANDRIA, Va. (Dec. 6, 2018) – Data on the financial performance of federally insured credit unions for the quarter ending Sept. 30, 2018, are now available from the National Credit Union Administration. The NCUA’s Quarterly Credit Union Data Summary reports include an overview of the quarterly Call Report data as well as tables showing the […]

NCUA: Q2 2018 State Credit Union Data Report Now Available

ALEXANDRIA, Va. (Sept. 14, 2018) – Federally insured credit unions generally saw continued positive trends in the second quarter of 2018, according to the latest NCUA Quarterly U.S. Map Review. The review tracks performance indicators for federally insured credit unions in all 50 states and the District of Columbia and includes information on two important […]

NCUA Issues Second Quarter Newsletter

Read the latest issue of The NCUA Report online ALEXANDRIA, Va. (May 31, 2018) – The National Credit Union Administration released today the second quarter edition of its online newsletter. The latest issue of The NCUA Report features a joint column from NCUA Board Chairman J. Mark McWatters and Board Member Rick Metsger as well […]