Modern Field-of-Membership Rule Improves Access to Affordable Credit

Read the Latest Issue of “The NCUA Report” Online ALEXANDRIA, Va. (Nov. 15, 2016) – More Americans will be eligible for credit union products and services with the approval of modernized field-of-membership regulations by the National Credit Union Administration Board in October. In the latest issue of The NCUA Report, NCUA’s Office of Consumer Financial […]

NCUA Legal Recoveries Exceed $4 Billion

Royal Bank of Scotland to Pay $1.1 Billion to Settle Claims ALEXANDRIA, Va. (Sept. 27, 2016) – The National Credit Union Administration will receive $1.1 billion to settle legal claims against Royal Bank of Scotland arising from the sale of faulty mortgage-backed securities to two corporate credit unions, the agency announced today. A settlement agreement […]

NCUA Releases Video, Brochure on Remittance Transfers

New Resources Educate Consumers about Rights When Sending Money Abroad ALEXANDRIA, Va. (July 15, 2016) – Consumers have new ways to learn about their rights and protections when sending money internationally through a new video and brochure released today by the National Credit Union Administration.   The video, available here (opens new window), and brochure […]

NCUA Reminds Grant Applicants: Don’t Wait to File

Registration with the System for Award Management is Now Required ALEXANDRIA, Va. (May 26, 2016) – With a new registration system now required for grant applicants, low-income credit unions seeking Community Development Revolving Loan Fund assistance grants should give themselves adequate time to file, the National Credit Union Administration said today. The application deadline is […]

NCUA Selects Freed as Region V Director

ALEXANDRIA, Va. (April 19, 2016) – The National Credit Union Administration has selected Cherie Freed as Regional Director of the agency’s Region V office in Tempe, Arizona. Freed will be replacing current Regional Director Elizabeth Whitehead, who will retire in May. Region V covers Alaska, Arizona, California, Guam, Hawaii, Idaho, Nevada, Oregon, Utah and Washington. […]

NCUA’s Komyathy Honored as CFC Hero

ALEXANDRIA, Va. (March 3, 2016) – JeanMarie Komyathy, Director of Risk Management in the National Credit Union Administration’s Office of Examination and Insurance, was honored today with the 2015 Hero of the Year Award from the Combined Federal Campaign of the National Capital Area. The award is the Office of Personnel Management’s highest CFC honor. […]

December 2015 NCUA Board Video Available

ALEXANDRIA, Va. (Jan. 12, 2016) – The video recording of the December 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 December open Board meeting’s agenda […]

NCUA Opens Nominations for First 2016 Consulting Round

ALEXANDRIA, Va. (Nov. 4, 2015) – Eligible credit unions interested in consulting assistance from the National Credit Union Administration’s Office of Small Credit Union Initiatives in the first half of 2016 have until Nov. 30 to submit nominations, the agency announced today. “I encourage all qualified credit unions to apply for our consulting program,” NCUA […]

New NCUA Videos Aim to Improve Credit Union Directors’ Leadership Skills

New Training Online Series Outlines the Keys to Effective Board Leadership ALEXANDRIA, Va. (Sept. 11, 2015) – Credit union board members will be able to find valuable information to help them be more successful in a new video series being offered by the National Credit Union Administration. “I encourage both new and experienced credit union […]

NCUA Board Reduces Regulatory Burdens and Stabilization Fund Oversight Budget

Board Action Bulletin Chairman Matz to Create Working Groups on Membership, Secondary Capital  ALEXANDRIA, Va. (Dec. 11, 2014) – The National Credit Union Administration Board convened its eleventh scheduled open meeting of 2014 at the agency’s headquarters here today. The Board unanimously approved three items:  A Notice and Request for Comment under the Economic Growth […]