Category Archives: National Credit Union Administration

Board Action Bulletin NCUA Seeks Comment on Higher Real Estate Appraisal Threshold ALEXANDRIA, Va. (Nov. 21, 2019) – The National Credit Union Administration Board held its tenth open meeting of 2019 at the agency’s headquarters today and unanimously approved two items: A final interpretive ruling and policy statement to expand career opportunities for individuals convicted […]

ALEXANDRIA, Va. (Aug. 19, 2019) – Federally insured credit unions may provide certain financial services to legally operating hemp businesses under new guidance published today by the National Credit Union Administration. The guidance will be revised and updated once the United States Department of Agriculture finalizes forthcoming regulations and guidelines. Credit unions will be able […]

ALEXANDRIA, Va. (April 8, 2019) – President Donald J. Trump has designated Rodney E. Hood as the eleventh Chairman of the National Credit Union Administration Board. Today, as his last official action as Chairman of the Board, J. Mark McWatters administered the oath of office to Mr. Hood, at the NCUA headquarters. “It is an […]

ALEXANDRIA, Va. (Jan. 7, 2019) – The National Credit Union Administration begins 2019 with a new regional structure, part of an agency-wide reorganization that began in 2017. The agency completed the headquarters reorganization in 2018, while the consolidation from five to three regional offices is effective January 7, 2019. The three realigned regions are: Eastern […]

WASHINGTON—The federal depository institutions regulators and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today issued a statement to address instances in which certain banks and credit unions may decide to enter into collaborative arrangements to share resources to manage their Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations more efficiently […]

Approximately $2 Million Available; Application Deadline is Aug. 18 ALEXANDRIA, Va. (June 26, 2018) – Low-income credit unions interested in applying for Community Development Revolving Loan Fund grants can begin submitting applications July 1. The NCUA will administer approximately $2 million in CDRLF grants to the most qualified applicants, subject to the availability of funds. […]

ALEXANDRIA, Va. (March 13, 2018) – The National Credit Union Administration Board has added a second item to the agenda for its closed meeting scheduled for Wednesday, March 14, beginning at 1:30 p.m. Eastern. The revised agenda is as follows: Board Appeal. Closed pursuant to Exemption (8). Supervisory Action. Closed pursuant to Exemptions (8), (9)(i)(B), […]

ALEXANDRIA, Va. (Nov. 30, 2017) – Mary Anne Bradfield will become the National Credit Union Administration’s Director of Public and Congressional Affairs, effective Monday, Dec. 18, the agency announced today. “Mary Anne has a wide-ranging career in the public and private sectors, and two themes run through that career: promoting opportunities and working collaboratively,” NCUA […]

ALEXANDRIA, Va. (Sept. 6, 2017) – Data on the financial performance of federally insured credit unions in the quarter ending June 30, 2017, are now available from the National Credit Union Administration. NCUA makes detailed credit union system performance data available on its Credit Union and Call Report Data webpage, including Call Report quarterly summaries […]

ALEXANDRIA, Va. (June 5, 2017) – Data on the financial performance of federally insured credit unions in the quarter ending March 31, 2017, are now available from the National Credit Union Administration. NCUA makes detailed credit union system performance data available on its Credit Union and Call Report Data webpage, including Call Report quarterly summaries […]