Quarterly Newsletter Moves to Online Only

Third Quarter Issue of The NCUA Report Now Available Online ALEXANDRIA, Va. (Aug. 29, 2017) – As part of its efforts to improve efficiency and reduce costs where possible, the National Credit Union Administration announced it is ending the print edition of its quarterly newsletter, beginning with the third quarter issue released today. As an […]

Board Proposes Rules on Mergers, Appeals

Board Action Bulletin Stabilization Fund Reports Continued Positive Net Position ALEXANDRIA, Va. (May 25, 2017) – The National Credit Union Administration Board held its fourth open meeting of 2017 at the agency’s headquarters here today and unanimously approved three items: A proposed rule to provide greater transparency to members of federal credit unions when those […]

Providing Electronic Financial Services the Subject of Next NCUA Webinar

Register Now to Join the Conversation on March 22 ALEXANDRIA, Va. (March 1, 2017) – Electronic financial services are critical to success in the financial industry, and the National Credit Union Administration will host a webinar, “Pathways to Offering E-Services,” to help credit unions better understand how to put those services to work for their […]

Modernized Occupancy Rule Provides Regulatory Relief

Board Action Bulletin Possible Stabilization Fund Assessment Rebates, Depleted Capital Recoveries Range from $3.4 Billion to $4.9 Billion ALEXANDRIA, Va. (Dec. 15, 2016) – The National Credit Union Administration Board held its eleventh open meeting of 2016 at the agency’s headquarters here today and unanimously approved three items: A final rule providing regulatory relief to […]

NCUA Marks International Credit Union Day

Agency Reminds Credit Unions, Consumers of Online Financial Literacy Tools ALEXANDRIA, Va. (Oct. 20, 2016) – International Credit Union Day is a good opportunity for credit unions to remind members, particularly young members, about the importance of financial literacy, National Credit Union Administration Board Chairman Rick Metsger said today. “An educated consumer is a credit […]

NCUA Warns of Text Phishing Scam

ALEXANDRIA, Va. (Aug. 23, 2016) – The National Credit Union Administration has received consumer calls about a suspicious text message claiming to come from the agency. The message reads: “National Credit Union Administration Alert for (recipient’s phone number). Contact 844-234-5445.” This is not a communication from NCUA. The agency does not seek personal information through the […]

Diversity: A Good Investment for Credit Unions

Read the Latest Issue of “The NCUA Report” Online ALEXANDRIA, Va. (June 14, 2016) – The business case for diversity at credit unions is simple—it’s a good investment. In the latest issue of the National Credit Union Administration’s monthly newsletter, an article by the Office of Minority and Women Inclusion outlines how diversity leads to […]

Face Appointed to FFIEC State Liaison Committee

The Federal Financial Institutions Examination Council (FFIEC) today announced the appointment of Edward “Joe” Face to the Council’s State Liaison Committee. Face’s SLC nomination was confirmed by the Council for a two-year term starting May 1, 2016, and continuing through April 30, 2018. Face has been the Commissioner of Financial Institutions for the Virginia State […]

The NCUA Report: Modernized Business Lending Rule Brings Regulatory Relief

Read the Latest Issue of NCUA’s Monthly Newsletter Online ALEXANDRIA, Va. (March 22, 2016) –The latest issue of the National Credit Union Administration’s monthly newsletter examines the key aspects of the modernized member business lending rule, and how the change from prescriptive limits to principles-based regulation will provide credit unions greater measures of regulatory relief […]

Texans Credit Union Reports Strong Financial Performance

RICHARDSON, Texas (Feb. 2, 2016) – Texans Credit Union, a state-chartered, federally insured credit union operating under the conservatorship of the National Credit Union Administration, posted year-end 2015 net income of $26.63 million, marking 48 consecutive months of positive earnings. The credit union reported this was the strongest year-over-year financial performance in Texans’ 62-year history. […]