Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (May 30, 2018) – Low-income credit unions interested in applying for Community Development Revolving Loan Fund grants this year can obtain valuable information on an upcoming webinar hosted by the National Credit Union Administration. Staff from the NCUA’s Office of Credit Union Resources and Expansion and the Office of the Chief Financial Officer will […]

Member Deposits Remain Protected to $250,000; Member Services Uninterrupted ALEXANDRIA, Va. (Feb. 23, 2018) – The Director of the Michigan Department of Insurance and Financial Services today placed Ukrainian Future Credit Union, of Warren, Michigan, into conservatorship and appointed the National Credit Union Administration as conservator. Ukrainian Future Credit Union’s members should experience no interruption […]

Member Deposits Remain Protected by the Share Insurance Fund ALEXANDRIA, Va. (Oct. 27, 2017) – The National Credit Union Administration today liquidated New York State Employees Federal Credit Union of New York, New York.  Palisades Federal Credit Union of Pearl River, New York, immediately assumed most of New York State Employees Federal Credit Union’s assets […]

Comments on the Proposed Plan Due by Sept. 5 ALEXANDRIA, Va. (Aug. 16, 2017) — The National Credit Union Administration has now posted the Aug. 9 webinar covering its proposed plan to close the Temporary Corporate Credit Union Stabilization Fund. The NCUA Board at its July 20 open meeting unanimously approved issuing the proposed plan […]

ALEXANDRIA, Va. (May 17, 2017) – The video recording of the April 20, 2017, open meeting of the National Credit Union Administration Board is now available on the agency’s website. Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year. At the April open meeting, […]

February 2017 Issue Now Available Online ALEXANDRIA, Va. (Feb. 24, 2017) – The National Credit Union Administration’s NCUA Report newsletter is moving to a quarterly publication schedule, the agency announced today. The February 2017 issue is now available online here. The next issues in 2017 will be available in May, August and November. The February […]

ALEXANDRIA, Va. (Dec. 12, 2016) – Federally insured credit unions saw continued improvement in nearly every category during the third quarter of 2016, according to state-level data compiled by the National Credit Union Administration and released today. Nationally, median loan growth in federally insured credit unions was 3.9 percent during the year ending in the […]

ALEXANDRIA, Va. (Oct. 12, 2016) – The video recording of the Sept. 15, 2016, open meeting of the National Credit Union Administration Board is now available on the agency’s website. Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year. At the September meeting, the […]

Publication Covers Strategies to Provide Better Service, Build Membership ALEXANDRIA, Va. (Aug. 8, 2016) – Digital banking is no longer the wave of the future; we’re riding the wave now, and the National Credit Union Administration has a new guidebook to help credit unions better meet members’ needs for these services. Going Digital: Strategies for […]

ALEXANDRIA, Va. (June 7, 2016) – Stakeholders throughout the credit union system may provide input on ways the National Credit Union Administration can modernize and improve its Call Reports, with the publication of a request for information in the Federal Register today. “To do our job properly, NCUA needs to regularly capture credit union material-risk […]