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 […]

NCUA Observes Veterans Day 2019

ALEXANDRIA, Va. (Nov. 8, 2019) – National Credit Union Administration Chairman Rodney E. Hood today issued a statement on the eve of the annual Veterans Day observance. “Our veterans have served this country faithfully and well,” Chairman Hood said. “The men and women on active duty uphold that proud tradition. It, therefore, becomes our responsibility […]

NCUA Chairman Hood Appoints Lenwood Brooks Chief of Staff

ALEXANDRIA, Va. (Sept. 25, 2019) – National Credit Union Administration Chairman Rodney E. Hood has appointed H. Lenwood Brooks, V, to serve as his Chief of Staff. Brooks, who joined the NCUA on May 28, has been serving as Acting Chief of Staff and Director of the Office of External Affairs and Communications. “Since joining […]

“Community, Service, and Savings” Initiative Marks Federal Credit Union Act Anniversary

Chairman Hood Praises the Act’s “Democratization of Banking and Credit” ALEXANDRIA, Va. (June 26, 2019) – To mark the 85th anniversary of the Federal Credit Union Act, the National Credit Union Administration has launched a digital outreach initiative, “85 Years of Community, Service, and Savings.” NCUA Board Chairman Rodney E. Hood urged credit unions to […]

Senate Confirms Hood and Harper to NCUA Board

Chairman McWatters Welcomes New Members ALEXANDRIA, Va. (March 14, 2019) – The U.S. Senate today confirmed Rodney Hood and Todd Harper as National Credit Union Administration Board Members. “I congratulate Rodney Hood and Todd Harper, and I look forward to working with both of them in a collegial, bipartisan manner,” NCUA Board Chairman J. Mark […]

NCUA Selects Brooks as Human Resources Director

ALEXANDRIA, Va. (Sept. 6, 2018) – The National Credit Union Administration has selected Towanda Brooks as its new Director of the Office of Human Resources. “The work of the Office of Human Resources affects every agency employee, and Towanda’s depth of experience and accomplishments make her an excellent choice as director,” NCUA Board Chairman J. […]

April 2018 NCUA Board Meeting Video Available

ALEXANDRIA, Va. (May 14, 2018) – The video recording of the April 19, 2018, 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 April open meeting, […]