NCUA Consulting Assistance Nominations Due May 31

ALEXANDRIA, Va. (May 3, 2017) – Qualified credit unions interested in applying for consulting assistance from the National Credit Union Administration have until May 31 to submit nominations, the agency announced today.

Eligible credit unions should complete the agency’s online application form [link no longer available]. Credit unions can nominate themselves or be nominated by examiners from either NCUA or a state regulator. Each credit union can choose its top three requests from a menu of services. Credit unions chosen to participate will be assigned an economic development specialist to assist them.

To qualify for NCUA’s consulting assistance, a credit union must be in one of the following categories:

  • Have total assets of less than $100 million,
  • Have been chartered for fewer than 10 years,
  • Be designated as a Minority Depository Institution, or
  • Have a low-income designation from NCUA.

Credit unions not chosen may apply again in subsequent rounds.

NCUA’s Office of Small Credit Union Initiatives fosters credit union development and the effective delivery of financial services for small credit unions, new credit unions, minority depository institutions and credit unions with a low-income designation.

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Targets Syrian Conglomerate Funding Qods Force and Houthis

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

21 hours ago

OCC Announces Two New Deputy Comptrollers for Large Bank Supervision

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the promotions of Robert…

1 day ago

Remarks by Assistant Secretary for Economic Policy (P.D.O.) Eric Van Nostrand on U.S. Business Investment in the Post-COVID Expansion

As Prepared for DeliveryI am honored to join you at PIIE, an institution that has…

2 days ago

Treasury Sanctions Sudanese Commander Involved in Human Rights Abuses in West Darfur

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is…

3 days ago

Treasury Expands Sanctions on Republika Srpska Network Evading U.S. Sanctions

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…

1 week ago