Category Archives: National Credit Union Administration

(Aug. 3, 2020) – The Federal Financial Institutions Examination Council on behalf of its members today issued a statement setting forth prudent risk management and consumer protection principles for financial institutions to consider while working with borrowers as initial coronavirus-related loan accommodation periods come to an end and they consider additional accommodations. The COVID event […]

(Oct. 29, 2020) – Five federal financial regulatory agencies today invited comment on a proposal outlining and confirming the agencies’ use of supervisory guidance for regulated institutions. The proposal would codify the statement, as amended, that was issued in September 2018 by the agencies that clarified the differences between regulations and guidance. Unlike a law or […]

ALEXANDRIA, Va. (Dec. 21, 2020) – J. Owen Cole, Associate Director of the Policy and Markets Division in the NCUA’s Office of Examination and Insurance, announced his retirement effective at the end of December. “Owen Cole has been a tremendous asset to the NCUA and his accomplishments have made an immeasurable impact on both the […]

ALEXANDRIA, Va. (March 4, 2021) – Data on the financial performance of federally insured credit unions for the quarter ending December 31, 2020, are now available (opens new window) from the National Credit Union Administration. The NCUA’s Quarterly Data Summary Reports include an overview of the quarterly Call Report data as well as tables showing […]

ALEXANDRIA, Va. (June 21, 2021) – The National Credit Union Administration will host credit union leaders, credit union trade and support organizations, and diversity and inclusion professionals during the NCUA’s second Diversity, Equity, and Inclusion (DEI) Summit. This three-day event will take place virtually Nov. 2–4, 2021. The NCUA’s 2021 DEI Summit will provide credit […]

ALEXANDRIA, Va. (Jan. 10, 2020) – In the wake of the recent earthquakes in Puerto Rico, the National Credit Union Administration will be ready to assist the seven federally insured credit unions there with maintaining or restoring operations, if necessary. “We are closely monitoring the aftermath of the recent earthquakes affecting Puerto Rico,” NCUA Chairman […]

ALEXANDRIA, Va. (July 30, 2019) – Credit unions can get valuable information about how the National Credit Union Administration examines for liquidity and interest-rate risks on an Aug. 14 webinar hosted by the agency. Registration for the webinar, “Liquidity and Interest-Rate Risk Management,” is now open (opens new window). The webinar is scheduled to begin […]

Member Services Continue; Deposits Remain Protected by Share Insurance Fund ALEXANDRIA, Va. (March 29, 2019) – Members of C B S Employees Federal Credit Union are now members of University Credit Union following today’s liquidation by the National Credit Union Administration. The new University Credit Union members should experience no interruption in services. Members’ accounts […]

ALEXANDRIA, Va. (Dec. 12, 2018) – On Jan. 1, 2019, the National Credit Union Administration and six state credit union regulators will launch an alternating examination pilot program for a select group of federally insured, state-chartered credit unions. The NCUA has posted frequently asked questions (opens new window) about the pilot program on its website. […]

Board Action Bulletin Share Insurance Fund Posts $32.5 Million in Net Income in Second Quarter ALEXANDRIA, Va. (Sept. 20, 2018) – The National Credit Union Administration Board held its eighth open meeting of 2018 at the agency’s headquarters today and unanimously approved two items: A proposed rule amending the agency’s regulation requiring real estate appraisals […]