Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (June 21, 2017) – The video recording of the May 25, 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 May open meeting, […]

Joint Release: Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation National Credit Union Administration Office of the Comptroller of the Currency For Immediate Release: March 21, 2017 WASHINGTON—Continuing their efforts to reduce regulatory burdens while ensuring the safety and soundness of the nation’s financial institutions, member agencies of the Federal Financial […]

Board Action Bulletin Civil Monetary Penalties Adjusted for Inflation, as Required by Federal Law ALEXANDRIA, Va. (Jan. 19, 2017) – The National Credit Union Administration Board held its first open meeting of 2017 at the agency’s headquarters here today and unanimously approved one item: An advance notice of proposed rulemaking to solicit comments on alternative […]

WASHINGTON—Five federal regulatory agencies are requesting comment on a joint notice of proposed rulemaking to implement provisions of the Biggert-Waters Flood Insurance Reform Act (Biggert-Waters Act) that require regulated lending institutions to accept certain private flood insurance policies in addition to policies made available by the Federal Emergency Management Agency. The federal flood insurance statutes […]

ALEXANDRIA, Va. (Sept. 9, 2016) – The Federal Financial Institutions Examination Council (FFIEC) members today issued a revised Information Security booklet, which is part of the FFIEC Information Technology Examination Handbook (IT Handbook). The revised booklet addresses the factors necessary to assess the level of security risks to a financial institution’s information systems. The booklet […]

Application Deadline is June 30; NCUA Reminds Applicants of New Requirement ALEXANDRIA, Va. (June 23, 2016) – Eligible credit unions have seven days remaining to apply for Community Development Revolving Loan Fund grant assistance through the National Credit Union Administration, the agency said today. The application deadline is June 30. NCUA also reminds applicants of […]

ALEXANDRIA, Va. (May 17, 2016) – The video recording of the April 2016 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 April open meeting, the […]

Member Deposits Protected up to $250,000 by the Share Insurance Fund ALEXANDRIA, Va. (April 5, 2016) – The National Credit Union Administration today liquidated six federal credit unions in the Philadelphia, Pennsylvania, area: Cardozo Lodge Federal Credit Union of Bensalem, Chester Upland School Employees Federal Credit Union of Chester, Electrical Inspectors Federal Credit Union of […]

Learn Best Practices for Creating Clear and Effective Management Policies ALEXANDRIA, Va. (Feb. 19, 2016) – Credit union board directors who want to improve their strategic policymaking skills can get valuable information from a new video module released today by the National Credit Union Administration. The new video module, “Credit Union Policies and Procedures,” along […]

Board Action Bulletin Stakeholder Comments Invited on All Safety and Soundness Regulations ALEXANDRIA, Va. (Dec. 17, 2015) – The National Credit Union Administration Board convened its eleventh open meeting of 2015 at the agency’s headquarters here today and unanimously approved two items: A final rule to provide enhanced pass-through share insurance coverage for real estate […]