Category Archives: National Credit Union Administration

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 […]

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 […]

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 […]

Member Deposits Remain Protected up to $250,000 by the Share Insurance Fund; Member Service Continues Uninterrupted ALEXANDRIA, Va. (Feb. 14, 2014) – The Minnesota Department of Commerce today appointed the National Credit Union Administration as receiver of St. Francis Campus Credit Union of Little Falls, Minn. As the receiver, NCUA will act as the liquidating […]

Member Deposits Protected up to $250,000; Consumer Service Hotline Open ALEXANDRIA, Va. (May 3, 2013) – The National Credit Union Administration (NCUA) today liquidated Lynrocten Federal Credit Union of Lynchburg, Va. NCUA made the decision to liquidate Lynrocten Federal Credit Union and discontinue operations after determining the credit union was insolvent and had no prospect […]

Board Action Bulletin ALEXANDRIA, Va. (Sept. 20, 2012) – The National Credit Union Administration (NCUA) Board convened its fifth open meeting in 2012 at the agency’s headquarters here today and unanimously approved four regulatory relief items as part of the agency’s Regulatory Modernization Initiative. The Board adopted:  A proposed rule to provide more than 1,600 […]

Board Action Bulletin Proposal on RegFlex Relief Would Ease Regulatory Burdens Loan Participation Protection Proposal Strengthens Safety ALEXANDRIA, Va. (Dec. 15, 2011) – The National Credit Union Administration (NCUA) Board convened its thirteenth and final open meeting of 2011 at the agency’s headquarters today and unanimously approved nine items. Specifically, the Board approved: a proposal […]

Member Accounts Remain Federally Insured up to $250,000 ALEXANDRIA, Va. (April 15, 2011) — The National Credit Union Administration (NCUA) today placed Vensure Federal Credit Union of Mesa, Arizona, into conservatorship.   Administered by NCUA, the National Credit Union Share Insurance Fund (NCUSIF) continues to insure individual accounts at Vensure Federal Credit Union up to $250,000. The […]

Board Action Bulletin The NCUA Board voted unanimously to uphold the decisions of the Asset Management and Assistance Center denying two insurance claims arising from the liquidation of St. Paul Croatian Federal Credit Union. The NCUA Board considered five supervisory matters that remain confidential at this time. The NCUA tweets all open Board meetings live. […]

Board Action Bulletin The NCUA Board voted unanimously to uphold the decision of the Asset Management and Assistance Center denying a creditor claim arising from the liquidation of Cal State 9 Credit Union. The NCUA Board unanimously approved placing Tracy Federal Credit Union into conservatorship under Section 206(h)(1) of the Federal Credit Union Act. The […]