Learn How to Execute a Successful Merger and Maximize the Benefits ALEXANDRIA, Va. (April 28, 2016) – Credit union board directors considering a merger can learn more about the process and its benefits in a new online training module from the National Credit Union Administration. The three-part video module, available online here (opens new window), […]
Category Archives: National Credit Union Administration
NCUA Financial Literacy Webinar Will Help Credit Unions Create Effective Programs
Registration for March 30 Event Now Open Online ALEXANDRIA, Va. (March 14, 2016) – Credit unions can learn more about promoting financial literacy, financial inclusion and financial capability by participating in a webinar hosted by the National Credit Union Administration. The webinar, “The Pathway to Financial Well-Being,” will be held Wednesday, March 30, 2016, beginning […]
NCUA Posts New Online Resources to Help Consumers in Fighting Identity Theft
Tax Identity Theft Awareness Week Aims to Educate Consumers about Scams ALEXANDRIA, Va. (Jan. 25, 2016) – With tax season beginning, the Federal Trade Commission has announced Tax Identity Theft Awareness Week for 2016, and the National Credit Union Administration has new online resources to help consumers protect themselves. NCUA has updated its tax identity […]
November’s NCUA Report Now Available
ALEXANDRIA, Va. (Nov. 16, 2015) – The National Credit Union Administration announced today the November 2015 issue of The NCUA Report is now available online (opens new window). This latest issue includes columns from NCUA Board Chairman Debbie Matz, Vice Chairman Rick Metsger and Board Member J. Mark McWatters. Additionally, it contains articles from several […]
Federal Financial Institutions Examination Council Announces Availability of 2014 Data on Mortgage Lending
Federal Financial Institutions Examination Council Announces Availability of 2014 Data on Mortgage Lending The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,062 U.S. financial institutions covered by the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage […]
North Dade Community Development Federal Credit Union Closes
Member Deposits Protected up to $250,000 by Share Insurance Fund ALEXANDRIA, Va. (March 31, 2015) – The National Credit Union Administration today liquidated North Dade Community Development Federal Credit Union of Miami Gardens, Florida. Member deposits are federally insured by the National Credit Union Share Insurance Fund. Administered by NCUA, the Share Insurance Fund insures […]
Closed Board Meeting – April 24, 2014
Board Action Bulletin The NCUA Board unanimously approved a special delegation of authority to the President of AMAC in connection with certain share insurance determinations arising out of the liquidation of Taupa Lithuanian Credit Union. The NCUA Board unanimously denied three share insurance appeals, arising out of the liquidation of Taupa Lithuanian Credit Union. NCUA […]
NCP Community Development Closes, Shares Assumed by Chartway
Member Deposits Protected up to $250,000 by the Share Insurance Fund ALEXANDRIA, Va. (May 31, 2013) – The National Credit Union Administration (NCUA) today liquidated NCP Community Development Federal Credit Union (NCP) of Norfolk, Va. Chartway Federal Credit Union of Virginia Beach, Va., assumed NCP’s member shares. The accounts of the new Chartway members remain […]
U.S. Central Bridge Closed
Matz: Corporate Credit Union System Now on a “Solid Foundation” ALEXANDRIA, Va. (Oct. 29, 2012) – Completing three years of efforts to stabilize the corporate credit union sector, the National Credit Union Administration (NCUA) today closed U.S. Central Bridge Corporate Federal Credit Union (U.S. Central Bridge). The agency also used the closing to remind credit unions of […]
Closed Board Meeting – February 16, 2012
Board Action Bulletin The NCUA Board unanimously approved placing A M Community Credit Union of Kenosha, WI into conservatorship under Sections 206(h)(1)(A) and (F) of the Federal Credit Union Act. The NCUA Board unanimously approved placing People for People Community Development Credit Union of Philadelphia, PA into liquidation under Section 207(a)(3)(A)(ii) of the Federal Credit […]