Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (Oct. 6, 2017) – Credit unions in the path of Tropical Storm Nate are being advised to take precautions as the storm nears the Gulf Coasts of Louisiana, Mississippi, Alabama and Florida, the National Credit Union Administration said today. Currently a tropical storm with winds of up to 50 miles an hour, Nate […]

ALEXANDRIA, Va. (July 19, 2017) – The video recording of the June 23, 2017, 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. At the June open meeting, […]

Member Deposits Insured up to $250,000; Member Services Uninterrupted ALEXANDRIA, Va. (April 20, 2017) – The National Credit Union Administration today placed Community United Federal Credit Union, in Waycross, Georgia, into conservatorship. Member deposits at Community United remain federally insured by the National Credit Union Share Insurance Fund. Administered by NCUA, the Share Insurance Fund […]

Member Accounts Remain Protected by the Share Insurance Fund ALEXANDRIA, Va. (Feb. 7, 2017) – In the three months since the National Credit Union Administration was appointed conservator of Valley State Credit Union of Saginaw, Michigan, the credit union has addressed financial and management issues affecting the safety and soundness of its operations. Valley State […]

Learn How Effective Vendor Management Reduces Cybersecurity Risk ALEXANDRIA, Va. (Nov. 16, 2016) – Credit unions concerned about cybersecurity and strengthening relations with digital vendors will find valuable information in an upcoming National Credit Union Administration webinar. The 90-minute webinar, “Vendor Due Diligence,” is scheduled for Wednesday, Dec. 7, 2016, beginning at 2 p.m. Eastern. […]

Learn How Education Programs Help Credit Union Members ALEXANDRIA, Va. (Sept. 28, 2016) – Credit unions that want to help members understand and manage personal finances can benefit from an upcoming National Credit Union Administration webinar, “Financial Education: Alternative Delivery Channels,” scheduled for Wednesday, Oct. 12, 2016, beginning at 2 p.m. Eastern. This 90-minute webinar […]

ALEXANDRIA, Va. (July 18, 2016) – Consulting services provided by the National Credit Union Administration to 161 federally insured credit unions will help them grow, innovate and provide better member services, the agency announced today. “Through the agency’s consulting services, NCUA is helping credit unions do a better job of providing affordable financial services to […]

Agency Committed to Supporting Service Members and Hiring Veterans ALEXANDRIA, Va. (May 27, 2016) – National Credit Union Administration Board Member J. Mark McWatters will serve as the agency’s liaison to the Defense Credit Union Council. McWatters takes over this responsibility at the request of NCUA Board Chairman Rick Metsger. “I am looking forward to […]

ALEXANDRIA, Va. (April 20, 2016) – National Credit Union Administration Board members have agreed to reschedule the closed Board meeting set for Thursday, April 21, 2016. The closed Board meeting will now begin at 9 a.m. Eastern, instead of the originally scheduled 11:15 a.m. Eastern. The April open Board meeting will be held at its […]

NCUA Quarterly Data Indicate Less Exposure to Long-Term Investments ALEXANDRIA, Va. (March 3, 2016) – Total shares and deposits at federally insured credit unions grew past $1 trillion in the fourth quarter of 2015, the National Credit Union Administration reported today. Overall, share and deposit accounts at federally insured credit unions increased $65.2 billion, or […]