Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (Oct. 6, 2016) – After the financial turmoil and increased economic uncertainty following the United Kingdom’s decision to leave the European Union in June, underlying economic trends—mostly favorable—reasserted themselves in the U.S., according to a new Economic Update released today by the National Credit Union Administration. The latest video in the agency’s Economic […]

Board Action Bulletin The NCUA Board approved the merger of First Carolina Corporate Credit Union and Mid-Atlantic Corporate Federal Credit Union. The NCUA Board also considered a supervisory matter, which remains confidential at this time. NCUA tweets all open Board meetings live. Follow @TheNCUA (opens new window) on Twitter, and access Board Action Memorandums and […]

Learn More about Enhanced Protections for Service Members and Their Families ALEXANDRIA, Va. (June 2, 2016) – The National Credit Union Administration will host a webinar, “Preparing to Comply with Regulatory Changes to the Military Lending Act,” on Wednesday, June 29, starting at 2 p.m. Eastern. During this webinar, staff from NCUA’s Office of Consumer […]

#NCUAChat to Educate Consumers on Protecting Wallets, Personal Information ALEXANDRIA, Va. (April 26, 2016) – The Federal Trade Commission will be joining the National Credit Union Administration’s live Twitter chat April 27 to provide information to help people protect themselves from consumer financial fraud, which affects millions of Americans each year. The Twitter chat is […]

Median Asset Growth Rate Higher; Median Delinquency Rate Declines Slightly ALEXANDRIA, Va. (March 11, 2016) – Median growth rates for loans, assets, and shares and deposits at federally insured credit unions were positive in all states in 2015, according to state-level data compiled by the National Credit Union Administration and released today. Nationally, median loan […]

Board Action Bulletin Public Comments Also Sought on Agency’s Draft Five-Year Strategic Plan ALEXANDRIA, Va. (Jan. 21, 2016) – The National Credit Union Administration Board convened its first open meeting of 2016 at the agency’s headquarters here today and unanimously approved the release of three items for public comment, including the agency’s: Methodology for calculating […]

Portal will Streamline Complaint Process; Use is Voluntary; Registration Required ALEXANDRIA, Va. (Nov. 12, 2015) – Credit unions can now resolve consumer complaints more efficiently through the National Credit Union Administration’s Consumer Assistance Center online portal, the agency announced today. Credit unions can now use the portal, located on NCUA’s MyCreditUnion.gov (opens new window)site, to […]

Depósitos de socios asegurados hasta $250,000, servicios ininterrumpidos para socios ALEXANDRIA, Va. (18 de septiembre de 2015) – Hoy, la Administración Nacional de Cooperativas de Ahorro y Crédito colocó a la Cooperativa de Ahorro y Crédito Federal Bethex en Bronx, Nueva York, en sindicatura. Los servicios habituales para socios en la oficina de la cooperativa […]

Board Action Bulletin Share Insurance Fund Trends Positive, Taunton Charter Expansion Approved ALEXANDRIA, Va. (Feb. 19, 2015) – The National Credit Union Administration Board convened its second open meeting of 2015 at the agency’s headquarters today. The Board unanimously approved two items:   A proposed rule and policy statement to provide special consideration for regulatory […]

Member Deposits Remain Protected up to $250,000 by the Share Insurance Fund ALEXANDRIA, Va. (March 31, 2014) – The National Credit Union Administration today liquidated Mayfair Federal Credit Union of Philadelphia. Freedom Credit Union of Warminster, Pa., immediately assumed Mayfair’s members and deposits as well as a portion of the loan portfolio and other assets. […]