Category Archives: National Credit Union Administration

Member Deposits Protected up to $250,000 and Consumer Service Hotline Open ALEXANDRIA, Va. (Jan. 7, 2013) – The Wisconsin Office of Credit Unions liquidated New Covenant Missionary Baptist Church Credit Union (New Covenant) of Milwaukee, Wis., today and appointed the National Credit Union Administration (NCUA) as liquidating agent. Member deposits are federally insured by the […]

Board Action Bulletin The NCUA Board considered a supervisory matters that remain confidential at this time. The NCUA tweets all open Board meetings live. Follow @TheNCUA (opens new window) on Twitter, and access Board Action Memorandums and NCUA rule changes at www.ncua.gov. The NCUA also live streams, archives and posts videos of open Board meetings […]

YUMA, Ariz. (Aug. 2, 2011) – AEA Federal Credit Union reported continued improved financial results here today for the quarter ending June 30, 2011. AEA Federal Credit Union, which operates under the conservatorship of the National Credit Union Administration (NCUA), posted year-to-date net income of $2.2 million. Total assets at the end of the second […]

Service to Members Continues Uninterrupted; Deposits Federally Insured up to $250,000  ALEXANDRIA, Va. (March 4, 2011) — The National Credit Union Administration (NCUA) today was appointed liquidating agent of Wisconsin Heights Credit Union of Ogema, Wisconsin, by the Wisconsin Office of Credit Unions.   NCUA immediately signed an agreement with CoVantage Credit Union of Antigo, […]

Member accounts federally insured, service to members continues uninterrupted ALEXANDRIA, Va. (July 29, 2010) – The National Credit Union Administration (NCUA) today was appointed liquidating agent of Norbel Credit Union of Fort Collins, Colorado, by the Colorado Division of Financial Services (DFS); and Security Service Federal Credit Union of San Antonio, Texas, immediately purchased and […]

Members Now Served by Security Service Federal Credit Union ALEXANDRIA, Va. (October 1, 2009) – The National Credit Union Administration (NCUA) announces today that Security Service Federal Credit Union, of San Antonio, Texas, has purchased the assets and assumed the member shares of liquidated West Texas Credit Union of El Paso, Texas. The Texas Credit […]

Chairman Moderates Conversation with Financial Regulators during Freedman’s Bank Forum WASHINGTON, D.C. (March. 3, 2020) — Before attendees of the Freedman’s Bank Forum (opens new window) today, National Credit Union Administration Chairman Rodney E. Hood offered welcoming remarks and moderated a panel discussion on the importance of minority depository institution preservation. “The founding of the Freedman’s Bank was […]

The NCUA Board considered a Supervisory Matter, which remains confidential at this time. The Board also considered two Personnel Actions, one of which remains confidential. In the second action the Board approved the appointment of senior staff positions. Related posts: NCUA Report Describes How Credit Unions Can Serve “Credit-Invisible” Members Agencies Release Guidance to Issuing […]

NCUA Issues Annual Report on Efforts to Preserve Minority Credit Unions ALEXANDRIA, Va. (June 19, 2020) – The celebration of Juneteenth compels all of us to do our part to advance the goal of greater financial inclusion for more Americans, National Credit Union Administration Chairman Rodney E. Hood said today.  “As the nation celebrates this […]

ALEXANDRIA, Va. (August 6, 2020) – Today, National Credit Union Administration Chairman Rodney E. Hood announced the appointment of Board Member Todd M. Harper as the agency’s representative on the Board of Directors of NeighborWorks America, one of the nation’s leading affordable housing and community development organizations. “I congratulate Board Member Harper on his selection […]