Category Archives: National Credit Union Administration

ALEXANDRIA, Va. (April 8, 2019) – The Honorable Todd M. Harper took the oath of office today and joined the National Credit Union Administration as its 23rd Board member. “My priorities will be to safeguard the safety and soundness of federally insured credit unions, preserve the integrity of the credit union industry in a continually […]

ALEXANDRIA, Va. (Jan. 3, 2019) – Federally insured, low-income credit unions that want to become certified Community Development Financial Institutions can apply to use the National Credit Union Administration’s qualification process for streamlined CDFI certification from Jan. 13 through Feb. 9. The agency’s Office of Credit Union Resources and Expansion hosts a resource page with […]

Chairman Urges Field-of-Membership Changes, Third-Party Vendor Authority ALEXANDRIA, Va. (Oct. 2, 2018) – Congress could bolster consumer access and better protect credit unions and members by making legislative changes proposed today by NCUA Board Chairman J. Mark McWatters. McWatters testified before the Senate Committee on Banking, Housing, and Urban Affairs. His oral (opens new window) […]

ALEXANDRIA, Va. (June 21, 2018) – The National Credit Union Administration Board held its sixth open meeting of 2018 at the agency’s headquarters today and unanimously approved two items: A final rule amending the agency’s regulations governing its chartering and field-of-membership rules with respect to applicants for a community charter approval, expansion, or conversion. A […]

ALEXANDRIA, Va. (March 7, 2018) – The National Credit Union Administration Board has re-scheduled its March closed meeting. The March closed meeting will be held Wednesday, March 14, beginning at 1:30 p.m. Eastern. The March open meeting will still be held Thursday, March 15, beginning at 10 a.m. Eastern. Both meetings were originally scheduled for […]

ALEXANDRIA, Va. (Nov. 29, 2017) – Twenty-three federally insured, low-income credit unions in 17 states have been awarded $536,000 in grants to support outreach to underserved members, the National Credit Union Administration announced today. The grants, funded by the Community Development Revolving Loan Fund, will help these credit unions provide financial literacy coaching for members in […]

251 Low-Income Credit Unions Will Expand Services, Train Staff, Improve Security ALEXANDRIA, Va. (Sept. 5, 2017) – More than $1.8 million in grants will help 251 low-income credit unions expand digital services to underserved communities, provide leadership training, and improve cybersecurity, the National Credit Union Administration announced today. A list of grantees is available on […]

Follow the Conversation at @TheNCUA ALEXANDRIA, Va. (June 1, 2017) – Credit unions can share their experiences using the National Credit Union Administration’s new online Learning Management Service during an #NCUAChat scheduled for Wednesday, June 7, beginning at 2 p.m. Eastern. During the chat, staff from NCUA’s Office of Small Credit Union Initiatives will be […]

NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of account holders in all federal credit unions and […]

New Video Encourages Credit Unions to Prepare for Rising Interest Rates in 2017 ALEXANDRIA, Va. (Dec. 22, 2016) – Improving labor markets and falling unemployment rates over the past five years have been good for credit union loan growth, according to National Credit Union Administration Chief Economist Ralph Monaco. Monaco discussed economic conditions and the […]