Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (May 4, 2018) – Credit unions interested in becoming designated as Community Development Financial Institutions can get valuable information on an upcoming webinar hosted by the National Credit Union Administration. The webinar, “Benefits of CDFI Certification,” is scheduled for Wednesday, May 16, beginning at 2 p.m. Eastern. Online registration is available here (opens […]

NCUA Opens Special Round of Streamlined Process; Deadline Feb. 16 ALEXANDRIA, Va. (Jan. 26, 2018) – Low-income credit unions in Florida, Puerto Rico, Texas, and the U.S. Virgin Islands, areas hit hardest by hurricanes Harvey, Irma, and Maria last fall, have a special opportunity to seek certification as Community Development Financial Institutions through the National […]

ALEXANDRIA, Va. (Oct. 12, 2017) – The National Credit Union Administration is monitoring a series of wildfires in California and stands ready to provide assistance to federally insured credit unions in the affected areas, the agency announced today. Currently there are 22 wildfires burning throughout the state and these fires continue to be a growing […]

Board Action Bulletin Estimated Distribution $600 Million to $800 Million; Normal Operating Level of Share Insurance Fund Would Rise; Budget Review Projects $5.8 Million Savings ALEXANDRIA, Va. (July 20, 2017) – The National Credit Union Administration Board held its sixth open meeting of 2017 at the agency’s headquarters here today and unanimously approved three items: […]

Board Action Bulletin Board Approves Illinois’ Request to Revise Its Member Business Lending Rule ALEXANDRIA, Va. (April 20, 2017) – The National Credit Union Administration Board held its third open meeting of 2017 at the agency’s headquarters here today and unanimously approved one item: A request from the Illinois Department of Financial and Professional Regulation […]

ALEXANDRIA, Va. (Feb. 8, 2017) – Twenty-six federally insured credit unions subject to civil monetary penalties for filing late Call Reports in the third quarter of 2016 have consented to penalties totaling $17,485, the National Credit Union Administration announced today. In the third quarter of 2015, 22 credit unions consented to penalties. Individual penalties ranged […]

Board Action Bulletin 3 to 6 Basis Points Share Insurance Fund Premium Range Recommended for Credit Union Budgeting Purposes ALEXANDRIA, Va. (Nov. 17, 2016) – The National Credit Union Administration Board held its tenth open meeting of 2016 at the agency’s headquarters here today and unanimously approved two items: Operating budgets for 2017 and 2018 […]

The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 6,913 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data made available today cover 2015 lending activity and include: applications, originations, […]

Los nuevos recursos informan a los consumidores sobre los derechos al enviar dinero al exterior ALEXANDRIA, Va. (15 de julio de 2016) – Los consumidores tienen nuevas formas de informarse sobre los derechos y las protecciones de los que gozan al enviar dinero al exterior a través de un video y un folleto nuevos divulgados […]

2016 National Exam Program Training More than 18 Percent below Budget ALEXANDRIA, Va. (May 27, 2016) – As the credit union system grows and changes, National Credit Union Administration examiners are being trained to keep pace and continue to provide credit unions and their members with high-quality service. The agency’s biennial training program, with the […]