Category Archives: National Credit Union Administration

Chairman Urges Field-of-Membership Changes, Third-Party Vendor Authority ALEXANDRIA, Va. (Oct. 2, 2018) – Congress could bolster consumer access and better protect credit unions and members by making legislative changes proposed today by NCUA Board Chairman J. Mark McWatters. McWatters testified before the Senate Committee on Banking, Housing, and Urban Affairs. His oral (opens new window) […]

ALEXANDRIA, Va. (June 21, 2018) – The National Credit Union Administration Board held its sixth open meeting of 2018 at the agency’s headquarters today and unanimously approved two items: A final rule amending the agency’s regulations governing its chartering and field-of-membership rules with respect to applicants for a community charter approval, expansion, or conversion. A […]

ALEXANDRIA, Va. (March 7, 2018) – The National Credit Union Administration Board has re-scheduled its March closed meeting. The March closed meeting will be held Wednesday, March 14, beginning at 1:30 p.m. Eastern. The March open meeting will still be held Thursday, March 15, beginning at 10 a.m. Eastern. Both meetings were originally scheduled for […]

ALEXANDRIA, Va. (Nov. 29, 2017) – Twenty-three federally insured, low-income credit unions in 17 states have been awarded $536,000 in grants to support outreach to underserved members, the National Credit Union Administration announced today. The grants, funded by the Community Development Revolving Loan Fund, will help these credit unions provide financial literacy coaching for members in […]

251 Low-Income Credit Unions Will Expand Services, Train Staff, Improve Security ALEXANDRIA, Va. (Sept. 5, 2017) – More than $1.8 million in grants will help 251 low-income credit unions expand digital services to underserved communities, provide leadership training, and improve cybersecurity, the National Credit Union Administration announced today. A list of grantees is available on […]

Follow the Conversation at @TheNCUA ALEXANDRIA, Va. (June 1, 2017) – Credit unions can share their experiences using the National Credit Union Administration’s new online Learning Management Service during an #NCUAChat scheduled for Wednesday, June 7, beginning at 2 p.m. Eastern. During the chat, staff from NCUA’s Office of Small Credit Union Initiatives will be […]

NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of account holders in all federal credit unions and […]

New Video Encourages Credit Unions to Prepare for Rising Interest Rates in 2017 ALEXANDRIA, Va. (Dec. 22, 2016) – Improving labor markets and falling unemployment rates over the past five years have been good for credit union loan growth, according to National Credit Union Administration Chief Economist Ralph Monaco. Monaco discussed economic conditions and the […]

Growth, Innovation, and Access to Talent among the Benefits  ALEXANDRIA, Va. (Oct. 21, 2016) – Credit unions can learn more about the business advantages of promoting greater diversity and inclusion in a new video released today on the National Credit Union Administration’s YouTube (opens new window) channel.   The seven-minute video, available here (opens new […]

ALEXANDRIA, Va. (Sept. 1, 2016) – Mike Barton, who has served as President of the National Credit Union Administration’s Asset Management and Assistance Center for 17 years, has announced he will retire Sept. 30. “Mike Barton has held an important post in the agency during some of the most difficult days we have ever experienced, […]