Category Archives: National Credit Union Administration

Board Action Bulletin Proposed Rule to Minimize Potential Effects of CECL Methodology ALEXANDRIA, Va. (July 30, 2020) – Using a live audio webcast, the National Credit Union Administration Board held its sixth open meeting of 2020 and approved four items: A final rule amending the chartering and field-of-membership rules for credit unions applying for a […]

ALEXANDRIA, Va. (Oct. 28, 2020) – National Credit Union Administration Chairman Rodney E. Hood delivered remarks today at the annual Inclusiv Conference in support of a financial inclusion agenda that expands economic opportunity for all Americans. “The COVID-19 pandemic has revealed a concerning aspect of American life; even in an age of relative plenty and […]

ALEXANDRIA, Va. (Dec. 21, 2020) – National Credit Union Administration Vice Chairman Kyle S. Hauptman announced today the appointment of Sarah Canepa Bang as his Senior Advisor. “I am thrilled to have Sarah in this critical role,” Vice Chairman Hauptman said. “Her experience managing credit union service organizations at the highest level, along with her […]

ALEXANDRIA, Va. (March 2, 2021) – National Credit Union Administration Chairman Todd M. Harper announced today the appointment of Board Member Rodney E. Hood as the agency’s representative on the Board of Directors of NeighborWorks America, one of the nation’s leading affordable housing and community development organizations. “Board Member Hood’s unwavering focus on financial inclusion and deep commitment […]

(June 17, 2021) – The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2020 mortgage lending transactions at 4,475 U.S. financial institutions reported under the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies. The HMDA data are the most comprehensive publicly available […]

ALEXANDRIA, Va. (Jan. 7, 2020) – The National Credit Union Administration today issued its annual letter to credit unions listing its 2020 supervisory priorities as well as updates on regulations and the agency’s modernization programs. The full letter is available in the Letters to Credit Unions and Other Guidance section of NCUA.gov. “This is going […]

ALEXANDRIA, Va. (July 31, 2019) – The National Credit Union Administration is offering grants of up to $25,000 for a new pilot mentoring program for small low-income credit unions that are also designated as minority depository institutions. The new program (opens new window) will make three to five targeted technical assistance grants to help these […]

Consumer Financial Protection Bureau (CFPB) Director Kathleen L. Kraninger today becomes the Chairman of the Federal Financial Institutions Examination Council (FFIEC). Her two-year term runs from April 1, 2019, through March 31, 2021. Chairman Kraninger succeeds Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation. The FFIEC named National Credit Union Administration Board Chairman J. Mark McWatters […]

ALEXANDRIA, Va. (Dec. 12, 2018) – Federally insured credit unions generally saw continued positive trends in the third quarter of 2018, according to the latest NCUA Quarterly U.S. Map Review. The review tracks performance indicators for federally insured credit unions in all 50 states and the District of Columbia and includes information on two important […]

NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of account holders in all federal credit unions and […]