Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (March 13, 2017) – The National Credit Union Administration released today its 2016 Annual Report (opens new window), highlighting the agency’s activities, policy initiatives and accomplishments for 2016. “By nearly every measure, the credit union system continued to perform well in 2016,” Acting NCUA Board Chairman J. Mark McWatters said. “While credit unions […]

Deadline for Nominations for the Second Semester Is May 31 ALEXANDRIA, Va. (Jan. 5, 2017) – The National Credit Union Administration will provide consulting services to 153 small, federally insured credit unions during the first half of 2017, the agency announced today. All the credit unions selected for the consulting program have assets of less […]

WASHINGTON — Four federal financial institution regulatory agencies issued an exception from the appraisal requirements for real estate-related financial transactions in the parishes declared to be in a major disaster area due to the severe storms and flooding in Louisiana. The agencies will not require financial institutions to obtain appraisals for affected transactions for the […]

NCUA Closely Monitoring Storm’s Progress; Landfall Expected Early Friday ALEXANDRIA, Va. (Sept. 1, 2016) – Credit unions in Florida and parts of the Eastern Seaboard should take steps to prepare for the arrival of Tropical Storm Hermine early Friday morning, the National Credit Union Administration said today. “We are reminding credit unions and their members […]

Board Action Bulletin The NCUA Board approved the termination of the order of conservatorship for Texans Credit Union. NCUA tweets all open Board meetings live. Follow @TheNCUA (opens new window) on Twitter, and access Board Action Memorandums and NCUA rule changes at www.ncua.gov. NCUA also live streams, archives and posts videos of open Board meetings […]

ALEXANDRIA, Va. (May 4, 2016) – National Credit Union Administration Board Chairman Rick Metsger has named Michael Radway to be his Chief of Staff. Radway has served as Metsger’s Senior Policy Advisor since November 2013. “Mike Radway’s extensive background in financial issues, combined with his intelligence and judgment, have made him a valuable advisor,” Metsger […]

ALEXANDRIA, Va. (March 25, 2016) – Despite a weak start in the early part of the year, forecasters expect moderate growth in the U.S. economy, job gains of around 200,000 per month and the unemployment rate to decline to about 4.5 percent at the end of this year, according to a new Economic Update video […]

Feb. 16 Conversation on #NCUAChat Will Discuss Savings Strategies ALEXANDRIA, Va. (Feb. 10, 2016) – Credit unions and their members can share ideas on saving money and building financial security during the National Credit Union Administration’s live Twitter chat on Tuesday, Feb. 16, beginning at 11 a.m. Eastern. Credit unions and consumers can follow @MyCUgov […]

Most Recent Settlement Resolves Cases in New York and Kansas Federal Courts ALEXANDRIA, Va. (Dec. 10, 2015) – The National Credit Union Administration today announced a settlement with Morgan Stanley for $225 million to resolve claims arising from losses related to corporate credit unions’ purchases of faulty residential mortgage-backed securities. “NCUA continues to pursue recoveries […]

ALEXANDRIA, Va. (Oct. 9, 2015) – The National Credit Union Administration will join with other federal regulators for a webinar covering recent updates to the flood insurance regulations. The one-hour webinar is scheduled for Thursday, Oct. 22, beginning at 12:30 p.m. Eastern. Online registration is open here (opens new window). Registrants will receive a reply […]