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 […]

Charitable Donations Rule Proposed

Board Action Bulletin Board Also Streamlines Fixed Assets Rule and Approves Peoples Advantage Federal Credit Union Expansion ALEXANDRIA, Va. (Sept. 12, 2013) – The National Credit Union Administration Board convened its eighth scheduled open meeting of 2013 at the agency’s headquarters here today. The Board unanimously approved three items: A proposed rule to allow federal […]

Chetco Cierra Operaciones, Sus Activos y Depósitos Absorbidos Por Rogue y Coast Central

Los Depósitos de Socios Están Asegurados hasta un máximo de $250,000 ALEXANDRIA, Va. (28 de Dic. Del 2012) – La Administración Nacional de Cooperativas de Ahorro y Crédito (NCUA) anunció hoy la liquidación de Chetco Federal Credit Union (Chetco) efectivo el 31 de diciembre del 2012,  y la selección de propuestas de cooperativas en California […]

Shepherd’s Federal Credit Union Closes

Member Deposits Protected up to $250,000; Consumer Service Hotline Open ALEXANDRIA, Va. (March 26, 2012) – The National Credit Union Administration (NCUA) today liquidated Shepherd’s Federal Credit Union of Charlotte, N.C. NCUA made the decision to liquidate Shepherd’s Federal Credit Union and discontinue the credit union’s operations after determining the credit union was insolvent and […]

Closed Board Meeting – July 21, 2011

Board Action Bulletin The NCUA Board considered one supervisory matter that remains confidential at this time. The NCUA tweets all open Board meetings live. Follow @TheNCUA (opens new window) on Twitter, and access Board Action Memorandums and NCUA rule changes at www.ncua.gov. The NCUA also live streams, archives and posts videos of open Board meetings […]

Greensburg Community Federal Credit Union Placed into Conservatorship

Credit union open for business, serving members ALEXANDRIA, Va. (February 17, 2011) – The National Credit Union Administration (NCUA) today assumed control of operations at Greensburg Community Federal Credit Union of Greensburg, Pennsylvania. NCUA’s goal is to continue credit union service to the members and ensure safe and sound credit union operations. Member deposits are safe. Their […]

Closed Board Meeting – July 21, 2010

Board Action Bulletin The NCUA Board considered a supervisory matter that remains confidential at this time. The NCUA tweets all open Board meetings live. Follow @TheNCUA (opens new window) on Twitter, and access Board Action Memorandums and NCUA rule changes at www.ncua.gov. The NCUA also live streams, archives and posts videos of open Board meetings […]

Clearstar Financial Credit Union Closes

Clearstar Financial Credit Union Members Now Served by United Federal Credit Union; Member Accounts are Safe and Federally Insured ALEXANDRIA, Va. (September 25, 2009) – The National Credit Union Administration (NCUA) today accepted appointment as liquidating agent of Clearstar Financial Credit Union, in Reno Nevada, following the Nevada Division of Financial Institution’s decision to close […]