Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (March 20, 2017) – Bob Foster has been selected as Director of the National Credit Union Administration’s Office of Public and Congressional Affairs, the agency announced today. Foster, who served as NCUA’s Deputy Director of Public and Congressional Affairs from 2008 until 2011, assumed his duties Friday. “Bob’s extensive experience in financial legislation […]

Read the Latest Issue of “The NCUA Report” Online ALEXANDRIA, Va. (Jan. 17, 2017) – The Community Development Financial Institutions Fund can be a critical funding source for credit unions operating in low- to moderate-income communities, helping to increase access to affordable financial services. Until recently, the process of becoming CDFI-certified could be time consuming […]

Agency Again Receives High Marks in Annual Federal Employee Survey ALEXANDRIA, Va. (Oct. 26, 2016) – The National Credit Union Administration reached its highest score ever for overall employee satisfaction in the 2016 Federal Employee Viewpoint Survey. NCUA scored 73 percent in the survey’s Global Satisfaction Index, making it one of the federal government’s best-performing […]

ALEXANDRIA, Va. (Sept. 8, 2016) – Credit union board members can learn more about the fundamental concepts of strategic planning in a new online training series released today by the National Credit Union Administration. The new four-part series, available here (opens new window), provides an overview of the strategic planning process and best practices for […]

ALEXANDRIA, Va. (June 21, 2016) – Credit unions can learn how to assist member small businesses while helping their own bottom lines by joining the National Credit Union Administration’s upcoming webinar, “Micro-Enterprise Lending – Making Loans to Small Businesses.” This 90-minute webinar is scheduled for Wednesday, July 13, 2016 at 2 p.m. Eastern. Online registration […]

ALEXANDRIA, Va. (May 16, 2016) – Twenty-two federally insured credit unions subject to civil monetary penalties for filing late Call Reports in the fourth quarter of 2015 have consented to penalties, the National Credit Union Administration announced today. Twenty-eight credit unions consented to penalties in the fourth quarter of 2014. The late filers will pay […]

Member Accounts Remain Protected to $250,000; Member Services Uninterrupted ALEXANDRIA, Va. (March 31, 2016) – Montauk Credit Union of New York, New York, has merged into Bethpage Federal Credit Union of Bethpage, New York, effective today, the National Credit Union Administration announced. The new Bethpage members should experience no interruption in services, and member deposits […]

Agency Honored in Four Categories Recognizing Employees’ Efforts  ALEXANDRIA, Va. (Feb. 17, 2016) – National Credit Union Administration employees pledged $101,179 to the 2015 Combined Federal Campaign of the National Capital Area, earning multiple honors from the world’s largest workplace giving campaign. “NCUA’s employees are both dedicated public servants and model corporate citizens,” NCUA Board […]

ALEXANDRIA, Va. (Dec. 16, 2015) – The video recording of the November 2015 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. The November open Board meeting’s agenda […]

Member Deposits Insured up to $250,000; Member Services Uninterrupted ALEXANDRIA, VA. (October 16, 2015) – The National Credit Union Administration today placed Helping Other People Excel Federal Credit Union of Jackson, New Jersey, into conservatorship. Members can continue to conduct normal financial transactions, deposit and access funds, and use shares through Pinnacle Federal Credit Union […]