Category Archives: National Credit Union Administration

Board Action Bulletin New, Simpler Methodology Yields 61.5 Percent Overhead Transfer Rate ALEXANDRIA, Va. (Nov. 16, 2017) – The National Credit Union Administration Board held its tenth open meeting of 2017 at the agency’s headquarters here today and unanimously approved three items: Operating, capital, and Share Insurance Fund budgets for 2018 and 2019 to fund […]

ALEXANDRIA, Va. (Sept. 5, 2017) – Credit unions in the path of Hurricane Irma are being advised to take precautions as the storm bears down on the Virgin Islands, Puerto Rico, and the U.S. mainland, the National Credit Union Administration said today. Hurricane Irma is currently a Category 5 storm, with sustained winds of 180 […]

Joint Release: Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation National Credit Union Administration Office of the Comptroller of the Currency For Immediate Release: May 31, 2017 WASHINGTON—Responding to concerns over the limited availability of state-certified and -licensed appraisers, particularly in rural areas, the Board of Governors of the Federal Reserve […]

Agency Receives Awards for Innovation and Website in Annual Charity Campaign ALEXANDRIA, Va. (March 6, 2017) – JeanMarie Komyathy, Deputy Director of the National Credit Union Administration’s Office of Small Credit Union Initiatives, was honored for the second time as a Hero of the Year by the Combined Federal Campaign of the National Capital Area. […]

ALEXANDRIA, Va. (Dec. 21, 2016) – Twenty-four federally insured credit unions subject to civil monetary penalties for filing late Call Reports in the second quarter of 2016 have consented to penalties totaling $9,364, the National Credit Union Administration announced today. In the second quarter of 2015, 14 credit unions consented to penalties. Individual penalties ranged […]

Features Include Improved Format, Searchable Content and Updated Guidance ALEXANDRIA, Va. (Oct. 21, 2016) – The National Credit Union Administration today launched the online Examiner’s Guide (opens new window), a new, interactive tool on www.ncua.gov for examiners that provides up-to-date, comprehensive supervisory guidance on key regulatory and supervisory issues affecting the credit union system. “Providing […]

Learn How to Identify and Cultivate Partnerships to Help Your Credit Union Grow ALEXANDRIA, Va. (Aug. 29, 2016) – Credit unions seeking to build community partnerships to offer more products and services can get valuable information in an upcoming webinar hosted by the National Credit Union Administration. The 90-minute webinar, “High-Impact Community Partnerships,” will be […]

Information on Proposed 2017–2018 Budget Will Be Available in Advance NASHVILLE, Tn. (June 15, 2016) – Credit union stakeholders will have an opportunity to offer comments on the National Credit Union Administration’s proposed 2017–2018 budget at a briefing in October, Board Chairman Rick Metsger announced today. “As part of my commitment to implement Continual Quality […]

ALEXANDRIA, Va. (May 2, 2016) – The National Credit Union Administration announced today that it will host a May 25 listening session to solicit input on ways it can enhance its Minority Depository Institutions Preservation Program. The listening session will be held at NCUA’s Central Office, 1775 Duke Street, Alexandria, Virginia, beginning at 2 p.m. […]

Board Action Bulletin The NCUA Board considered a share insurance appeal which remains confidential at this time. 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. NCUA also live streams, archives and posts videos of open Board meetings online. […]