Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (Oct. 5, 2016) – Credit unions in Florida and parts of the Eastern Seaboard should take steps to prepare for the arrival of Hurricane Matthew early Friday morning, the National Credit Union Administration said today. “We’re reminding credit unions and their members to take the necessary precautions to stay safe,” NCUA Board Chairman […]

Read the Latest Issue of “The NCUA Report” Online ALEXANDRIA, Va. (July 20, 2016) – The United Kingdom’s decision to leave the European Union and the stock market’s reaction to the vote shows that credit unions need to ready for a number of potential economic and interest rate scenarios. In the latest issue of the […]

NCUA Releases “CUSOs at a Glance” to Provide Annual Snapshot of the Sector ALEXANDRIA, Va. (June 1, 2016) – Stakeholders will be able to gain a better understanding of credit union service organizations with the addition of a search feature to the National Credit Union Administration’s CUSO Registry. Users can search for information on the […]

ALEXANDRIA, Va. (April 22, 2016) – The video recording of the March 2016 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 March open meeting, the NCUA […]

ALEXANDRIA, Va. (March 7, 2016) – The National Credit Union Administration’s video series on Supervisory Committees is now available in Spanish. Available online here (opens new window), the six-module video series is designed specifically for supervisory committee members of small and medium credit unions. The Office of Small Credit Union Initiatives created different modules, all […]

ALEXANDRIA, Va. (Jan. 20, 2016) – Internet Archive Federal Credit Union, of New Brunswick, New Jersey, today paid all shares insured by the National Credit Union Administration in full to members of record as part of its voluntary liquidation. NCUA initiated cease-and-desist order proceedings on Nov. 24, 2015 in order to prevent the credit union […]

Nov. 10, 2015 The Federal Financial Institutions Examination Council (FFIEC) members today issued a revised Management booklet, which is part of the FFIEC Information Technology Examination Handbook (IT Handbook). The Management booklet, including the examination procedures, has been substantially revised. The booklet outlines the principles of sound governance and, more specifically, information technology (IT) governance. […]

Board Action Bulletin Matz Will Propose Streamlining Community Charter Approvals ALEXANDRIA, Va. (Sept. 17, 2015) – The National Credit Union Administration Board convened its eighth open meeting of 2015 at the agency’s headquarters today and unanimously approved four items: A final rule and policy statement raising the asset ceiling of a “small entity” to $100 […]

Board Action Bulletin The NCUA Board approved the coverage of costs associated with a credit union data breach, and the proposed merger of Alloya Corporate Federal Credit Union and System United Corporate Federal Credit Union. The NCUA Board also considered a creditor claim appeal, which remains confidential at this time. NCUA tweets all open Board […]

Board Action Bulletin Matz Calls for Legislative Action on Vendor Authority as NCUA Board Approves Joint Agency Proposed Rule on Appraisal Management Companies ALEXANDRIA, Va. (March 20, 2014) – The National Credit Union Administration Board convened its third scheduled open meeting of 2014 at the agency’s headquarters here today. Board Members received an update on […]