Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (Aug. 13, 2018) – Financial regulatory agencies, non-profits, schools financial institutions, and the military must work together to improve the personal finance knowledge of service members and their families to prevent them from being financially exploited, NCUA Board Chairman J. Mark McWatters said today. McWatters was the keynote speaker today at the Defense […]

Register Now to Learn About Requirements for Ongoing Customer Due Diligence ALEXANDRIA, Va. (April 9, 2018) – Credit unions with questions about complying with customer due diligence requirements in the Bank Secrecy Act can get valuable information on a National Credit Union Administration webinar scheduled for April 25. The Financial Crimes Enforcement Network in 2016 […]

Register Now to Learn about Services that will Become Available ALEXANDRIA, Va. (Dec. 22, 2017) – The National Credit Union’s new Office of Credit Union Resources and Expansion will begin operations on Jan. 7, 2018, and credit unions can learn about what CURE is offering on an agency webinar scheduled for Wednesday, Jan. 10, 2018. […]

Member Deposits Insured up to $250,000, Member Services Uninterrupted ALEXANDRIA, Va. (June 26, 2017) – The National Credit Union Administration today placed LOMTO Federal Credit Union in Woodside, New York, into conservatorship. Member deposits at LOMTO Federal Credit Union remain federally insured by the National Credit Union Share Insurance Fund. Administered by NCUA, the Share […]

ALEXANDRIA, Va. (April 7, 2017) – The National Credit Union Administration Board has scheduled a special closed meeting for Wednesday, April 12, 2017, beginning at 1 p.m. The meeting agenda is available on NCUA’s Board Meeting Calendar and Actions webpage. The meeting is being called to allow the Board to consider a supervisory action and […]

Qualified Taxpayers Can Receive up to $6,269 by Filing with the IRS ALEXANDRIA, Va. (Jan. 27, 2017) – The National Credit Union Administration is joining the Internal Revenue Service and other federal agencies to remind qualified taxpayers about the potential benefits of applying for the Earned Income Tax Credit. Many EITC filers will get their […]

Member Deposits Remain Protected to $250,000; Services Uninterrupted ALEXANDRIA, Va. (Nov. 9, 2016) – The Director of the Michigan Department of Insurance and Financial Services today appointed the National Credit Union Administration conservator of Valley State Credit Union, of Saginaw. Valley State members should experience no interruption in normal services. Deposits at Valley State Credit […]

ALEXANDRIA, Va. (Sept. 21, 2016) – Donations from National Credit Union Administration staff to the annual Feds Feed Families food drive will provide 57,308 meals in the coming year. Agency employees donated a total of 68,770 pounds of food during the 2016 drive, which ran from June 1 through Aug. 31. The total includes 13,894 […]

Learn How Social Media Improve Your Credit Union’s Bottom Line  ALEXANDRIA, Va. (July 12, 2016) – Credit unions can learn how to use social media to increase their web traffic, improve their brand identity and boost their lending during the National Credit Union Administration’s upcoming webinar, “Marketing – Effective Use of Social Media,” on Wednesday, Aug. 10, […]

New Filing Schedule Being Studied for Future Call Reports ALEXANDRIA, Va. (May 23, 2016) – Credit unions will have three extra calendar days to file Call Reports for the second and third quarters of this year, the National Credit Union Administration announced today. Second-quarter Call Reports will now be due by 11:59:59 p.m. Eastern time […]