Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (March 16, 2018) – Federally insured, low-income credit unions interested in becoming certified community development financial institutions may be eligible to use the National Credit Union Administration’s streamlined application. In the streamlined process, which runs from March 19 to April 6, low-income credit unions submit data on loan originations to the NCUA’s Office […]

ALEXANDRIA, Va. (Dec. 14, 2017) – The video recording of the Nov. 16, 2017, 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. At the November open meeting, […]

New Credit Union Will Provide Affordable Financial Services to Support Members’ Clean Energy Needs ALEXANDRIA, Va. (Sept. 18, 2017) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Clean Energy Federal Credit Union in Boulder, Colorado. Clean Energy will serve the 4,300 members of the American Solar […]

NCUA Working to Provide Regulatory Relief, Close Stabilization Fund WASHINGTON (June 14, 2017) – Credit unions can expect more regulatory relief and streamlined operations from the National Credit Union Administration in the future, Acting Board Chairman J. Mark McWatters said today. McWatters described agency goals and steps NCUA has already taken to reduce burdens and […]

ALEXANDRIA, Va. (March 20, 2017) – The video recording of the Feb. 23, 2017, 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. At the February open meeting, […]

Learn about Recent Changes to HMDA Reporting and Prepaid Account Rules ALEXANDRIA, Va. (Jan. 18, 2017) – Credit unions can learn more about the new reporting requirements under the Home Mortgage Disclosure Act and recent rule changes for prepaid accounts during a webinar hosted by the National Credit Union Administration on Tuesday, Feb. 28, beginning […]

Board Action Bulletin Board Proposes Further Community Charter Options for Federal Credit Unions ALEXANDRIA, Va. (Oct. 27, 2016) – The National Credit Union Administration Board held its ninth open meeting of 2016 at the agency’s headquarters here today and unanimously approved five items: A final rule modernizing existing field-of-membership definitions for federal credit unions to […]

ALEXANDRIA, Va. (Sept. 9, 2016) – National Credit Union Administration leadership marked this weekend’s fifteenth anniversary of the Sept. 11, 2001, terrorist attacks in comments today. “It’s a time for reflection on our values and our national identity,” NCUA Board Chairman Rick Metsger said, “a day to commemorate those who sacrificed so much and be […]

FSOC Annual Report Recommendations Include Cybersecurity, Interest Rate Risk ALEXANDRIA, Va. (June 21, 2016) – The Financial Stability Oversight Council’s 2016 annual report reaffirms the Council’s recommendation for granting the National Credit Union Administration authority to oversee third-party vendors, NCUA Board Chairman Rick Metsger said today. “The credit union system is not immune to the […]

ALEXANDRIA, Va. (May 17, 2016) – As long as financial institutions have existed, there been bank robbers—meaning that all credit unions regardless of asset size are tempting targets. In the latest issue of the National Credit Union Administration’s monthly newsletter, the featured article by the Office of Continuity and Security Management examines how the implementation […]