Board Re-Schedules September Meetings

ALEXANDRIA, Va. (July 25, 2017) – The National Credit Union Administration Board has re-scheduled its September open and closed meetings to Thursday, Sept. 28, beginning at 10 a.m. Eastern. The Board meetings had been scheduled for Thursday, Sept. 21. Meeting agendas are made available on NCUA’s Board Meeting Calendar and Actions webpage. The September open […]

NCUA Grants Firefighters First a Federal Charter

Member Accounts Again Covered by the Share Insurance Fund ALEXANDRIA, Va. (April 25, 2017) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Firefighters First Federal Credit Union of Los Angeles. Firefighters First will serve the 510,000 employees and independent contractors who work in the fire protection […]

NCUA’s Four Permanent Funds Earn Clean Audit Opinions for 2016

Reports Cover Share Insurance Fund, Operating Fund, CLF and CDRLF ALEXANDRIA, Va. (Feb. 16, 2017) – The National Credit Union Administration’s four permanent funds have again received unmodified, or “clean,” audit opinions for 2016, according to audited financial statements released today by the Office of the Inspector General. “I appreciate the work NCUA staff performs […]

New NCUA Videos Educate Credit Union Board Members about Financial Statements

ALEXANDRIA, Va. (Nov. 30, 2016) – Reading financial statements is an essential job for any credit union board member, and a new video series from the National Credit Union Administration can help make that job easier. Understanding Financial Statements, now available on NCUA’s YouTube channel (opens new window), is a five-part series that discusses the […]

Metsger Asks CFPB to Exempt Payday Alternative Loans in Proposed Rule

Chairman Says NCUA Regulations Provide Necessary Consumer Protection ALEXANDRIA, Va. (Oct. 5, 2016) – National Credit Union Administration Board Chairman Rick Metsger says NCUA’s payday alternative loan rules protect consumers, and he has asked the Consumer Financial Protection Bureau to fully exempt these loans from its final payday lending rule. In a letter to CFPB […]

NCUA Board Removes Calendar-Year Exam Requirement, Adopts New Strategic Plan

Board Action Bulletin 2016 Mid-Session Budget Review Projects $2.7 Million in Reduced Spending ALEXANDRIA, Va. (July 21, 2016) – The National Credit Union Administration Board held its seventh open meeting of 2016 at the agency’s headquarters here today and unanimously approved one item:  The agency’s 2017–2021 Strategic Plan, which updates NCUA’s performance goals for measuring […]

NCUA Hosting Community Development Financial Institutions Certification Webinar

Learn about the CDFI Fund-NCUA Joint Effort to Certify More Credit Unions  ALEXANDRIA, Va. (June 1, 2016) – Low-income credit unions interested in becoming certified as Community Development Financial Institutions can get valuable information from an upcoming webinar, “CDFI Certification –Special Credit Union Version,” hosted by the National Credit Union Administration. The webinar, is scheduled […]

NCUA Marks Green Accomplishments on Earth Day 2016

ALEXANDRIA, Va. (April 22, 2016) – The National Credit Union Administration marked a year of numerous environmental accomplishments on Earth Day 2016, and Board Chairman Debbie Matz expressed confidence responsible environmental practices will remain part of the agency’s culture. “One of NCUA’s goals is to be a good corporate citizen, and we make continuous efforts […]

Gonzales Appointed to FFIEC State Liaison Committee

For Immediate Release March 9, 2016 The Federal Financial Institutions Examination Council (Council) announced today the appointment of Tennessee Commissioner Greg Gonzales to the Council’s State Liaison Committee. Gonzales’s SLC nomination was confirmed by the Conference of State Bank Supervisors on Feb. 26, 2016, to complete a partial term vacancy created by the resignation of […]

Treasury, NCUA Partner to Increase Opportunities for Low-Income Credit Unions

Agencies Aim to Double the Number of CDFI Credit Unions in 2016 ALEXANDRIA, Va. (Jan. 21, 2016) – The National Credit Union Administration and the U.S. Treasury Department’s Community Development Financial Institutions Fund today signed an agreement that will streamline the application process for low-income credit unions to become certified as Community Development Financial Institutions. […]