Category Archives: National Credit Union Administration

Exam Flexibility Initiative Makes 10 Recommendations to Improve Exam Process ALEXANDRIA, Va. (Oct. 6, 2016) – Well-managed, low-risk federal credit unions with assets of less than $1 billion could move to an extended examination cycle beginning next year, pending approval by the NCUA Board. The extended exam cycle is one of 10 recommendations the agency’s […]

ALEXANDRIA, Va. (July 22, 2016) – National Credit Union Administration Executive Director Mark A. Treichel today announced the selection of two new associate regional directors of operations in the agency’s Region II and Region V offices.  Ryan Tapped for Region II Executive Team A 29-year veteran with the agency, Michael Ryan will begin serving in […]

ALEXANDRIA, Va. (June 3, 2016) – Credit unions continued to increase their lending, with loans outstanding increasing 10.7 percent in the year ending in the first quarter of 2016, the National Credit Union Administration reported today. “The credit union system again experienced solid performance during the first quarter of 2016,” NCUA Board Chairman Rick Metsger […]

Agency Schedules May 11 Webinar on Grant Application Process ALEXANDRIA, Va. (April 26, 2016) – Low-income credit unions seeking support to grow, train staff and improve security should consider applying for Community Development Revolving Loan Fund assistance grants from the National Credit Union Administration, Board Chairman Debbie Matz said today. “These grants are important investments […]

Successful Lending Requires Right People, Processes and Policies ALEXANDRIA, Va. (March 14, 2016) – Credit unions can learn more about the advantages of member business lending in a video released today by the National Credit Union Administration. The video, available here (opens new window), outlines the elements of an effective member business lending program. The […]

Board Action Bulletin The NCUA Board was briefed on a supervisory matter, and approved a personal action. Both matters remain confidential at this time. 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 […]

Farm-to-Table Gleaning Operation Provides Major Boost to New Record Donation ALEXANDRIA, Va. (Nov. 13, 2015) – More than 128,000 meals will be served in the coming year with food donated by staff of the National Credit Union Administration to the annual Feds Feed Families food drive. Agency employees donated 153,752 pounds of food during the […]

Member Deposits Remain Protected to $250,000; Member Services Uninterrupted ALEXANDRIA, Va. (Sept. 18, 2015) – The New York State Department of Financial Services today took possession of Montauk Credit Union, located in New York, New York, and appointed the National Credit Union Administration as conservator. Deposits at Montauk Credit Union remain protected by the National […]

Board Action Bulletin Stabilization Fund Continues to Improve, Future Assessments Unlikely ALEXANDRIA, Va. (March 19, 2015) – The National Credit Union Administration Board convened its third open meeting of 2015 at the agency’s headquarters today and unanimously approved one item: A proposed rule to provide regulatory relief to thousands of federal credit unions by eliminating […]

Board Action Bulletin Associational Common Bond Proposed Rule Cuts Red Tape, Increases Clarity ALEXANDRIA, Va. (April 24, 2014) – The National Credit Union Administration Board convened its fourth scheduled open meeting of 2014 at the agency’s headquarters here today. The Board approved three items: A final rule to provide greater security for the credit union […]