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 […]

Harper: Learn from the Past; Focus on the Future

NCUA Board Member Discusses Risk, Innovation, Inclusion, and Consumer Financial Protection WASHINGTON, D.C. (Sept. 10, 2019) – Learning from the past but focusing on the future is essential to meeting a period of significant change with warning signs dotting the landscape, National Credit Union Administration Board Member Todd M. Harper said today. Speaking to a […]

CURE Expanding Resources for Credit Unions

Board Action Bulletin Proposed Rule Would Raise Nonmember Capital Limit ALEXANDRIA, Va. (May 23, 2019) – The National Credit Union Administration Board held its fifth open meeting of 2019 at the agency’s headquarters today and unanimously approved one item: A proposed rule allowing a federal credit union to accept nonmember and public unit shares up […]

January 2019 NCUA Board Meeting Video Available

ALEXANDRIA, Va. (Feb. 25, 2019) – The video recording of the Jan. 17, 2019, open meeting of the National Credit Union Administration Board is now available on the agency’s website. The NCUA posts archived videos of past Board meetings on its Board Meetings, Agendas, and Results webpage, and each video remains on the page for […]

NCUA to Host HMDA and Consumer Compliance Update Webinar

ALEXANDRIA, VA. (Oct. 25, 2018) – Credit unions can learn more about recent changes to the Home Mortgage Disclosure Act and other federal consumer financial protection laws and regulations during a Nov. 14 webinar hosted by the National Credit Union Administration. Online registration for the “NCUA HMDA and Consumer Compliance Regulatory Update Webinar,” is now […]

McWatters: Financial Literacy is Key to Protecting Service Members

ALEXANDRIA, Va. (Aug. 13, 2018) – Financial regulatory agencies, non-profits, schools financial institutions, and the military must work together to improve the personal finance knowledge of service members and their families to prevent them from being financially exploited, NCUA Board Chairman J. Mark McWatters said today. McWatters was the keynote speaker today at the Defense […]

NCUA’s CURE to Host Bank Secrecy Act Webinar

Register Now to Learn About Requirements for Ongoing Customer Due Diligence ALEXANDRIA, Va. (April 9, 2018) – Credit unions with questions about complying with customer due diligence requirements in the Bank Secrecy Act can get valuable information on a National Credit Union Administration webinar scheduled for April 25. The Financial Crimes Enforcement Network in 2016 […]

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. […]