Category Archives: National Credit Union Administration

El Nuevo Video Popular de la NCUA Sobre Liderazgo Efectivo de la Mesa Directiva ya está Disponible en una Versión en Español ALEXANDRIA, Va. (Nov. 05, 2015) – Los miembros de la mesa directiva de cooperativas de ahorro y crédito encontrarán valiosa información para ayudarlos a tener más éxito en la versión en español de […]

ALEXANDRIA, Va. (Sept. 15, 2015) – National Credit Union Administration Board Chairman Debbie Matz today announced the selection of Ralph Monaco as the agency’s Chief Economist. “Those who have worked with Ralph know that he is well-suited to assume the Chief Economist position,” Matz said. “As the senior economist at NCUA for the last four […]

Member Deposits Remain Protected up to $250,000 by the Share Insurance Fund ALEXANDRIA, Va. (Dec. 12, 2014) – The Michigan Department of Insurance and Financial Services today liquidated Health One Credit Union of Detroit and named the National Credit Union Administration as liquidating agent. New England Federal Credit Union of Williston, Vermont, immediately assumed Health […]

Member Deposits Remain Protected up to $250,000 by the Share Insurance Fund; Member Service Continues Uninterrupted ALEXANDRIA, Va. (Feb. 14, 2014) – The Minnesota Department of Commerce today appointed the National Credit Union Administration as receiver of St. Francis Campus Credit Union of Little Falls, Minn. As the receiver, NCUA will act as the liquidating […]

Member Deposits Protected up to $250,000; Consumer Service Hotline Open ALEXANDRIA, Va. (May 3, 2013) – The National Credit Union Administration (NCUA) today liquidated Lynrocten Federal Credit Union of Lynchburg, Va. NCUA made the decision to liquidate Lynrocten Federal Credit Union and discontinue operations after determining the credit union was insolvent and had no prospect […]

Board Action Bulletin ALEXANDRIA, Va. (Sept. 20, 2012) – The National Credit Union Administration (NCUA) Board convened its fifth open meeting in 2012 at the agency’s headquarters here today and unanimously approved four regulatory relief items as part of the agency’s Regulatory Modernization Initiative. The Board adopted:  A proposed rule to provide more than 1,600 […]

Board Action Bulletin Proposal on RegFlex Relief Would Ease Regulatory Burdens Loan Participation Protection Proposal Strengthens Safety ALEXANDRIA, Va. (Dec. 15, 2011) – The National Credit Union Administration (NCUA) Board convened its thirteenth and final open meeting of 2011 at the agency’s headquarters today and unanimously approved nine items. Specifically, the Board approved: a proposal […]

Member Accounts Remain Federally Insured up to $250,000 ALEXANDRIA, Va. (April 15, 2011) — The National Credit Union Administration (NCUA) today placed Vensure Federal Credit Union of Mesa, Arizona, into conservatorship.   Administered by NCUA, the National Credit Union Share Insurance Fund (NCUSIF) continues to insure individual accounts at Vensure Federal Credit Union up to $250,000. The […]

Board Action Bulletin The NCUA Board voted unanimously to uphold the decisions of the Asset Management and Assistance Center denying two insurance claims arising from the liquidation of St. Paul Croatian Federal Credit Union. The NCUA Board considered five supervisory matters that remain confidential at this time. The NCUA tweets all open Board meetings live. […]

Board Action Bulletin The NCUA Board voted unanimously to uphold the decision of the Asset Management and Assistance Center denying a creditor claim arising from the liquidation of Cal State 9 Credit Union. The NCUA Board unanimously approved placing Tracy Federal Credit Union into conservatorship under Section 206(h)(1) of the Federal Credit Union Act. The […]