NCUA – Page 133 – Regulatory Report

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[ June 30, 2025 ] Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession The Fed
[ June 30, 2025 ] Risk on rise for banks in three key areas, OCC reports, as economic uncertainty increases OCC
[ June 30, 2025 ] Citing imminent insolvency, credit union regulator closes doors of OH cooperative; members, accounts transferred to another NCUA
[ June 30, 2025 ] 2 former credit union employees barred from future work in insured FIs NCUA
[ June 30, 2025 ] Texas bank became second to fail so far this year OCC

Thought something not quite right in NCUA filing? Correction of clerical error confirms suspicion

March 12, 2018 0

A correction to indicate the proper referral to the Code of Federal Regulations (CFR) for changes about how equity distributions can be made will be issued by the federal credit union regulator. In filings Monday […]

Suspension and debarment, bylaws on credit union regulator board agenda

March 8, 2018 0

The National Credit Union Administration (NCUA) Board has two action items on its open meeting agenda for March 15. One deals with federal credit union bylaws, the other addresses proposed suspension and debarment procedures. The […]

Credit union regulator reschedules closed meeting, by one day

March 7, 2018 0

The National Credit Union Administration Board Wednesday re-scheduled its March closed meeting to March 14, starting at 1:30 p.m. ET, the agency said in a release. The meeting had been scheduled for March 15. The […]

House gives nod to regulatory review bill, calling for evaluation every seven years (rather than 10)

March 7, 2018 0

Legislation expanding the frequency, scope and coverage of annual regulatory reviews by the federal financial institution regulators was easily passed by the House Tuesday, 264 – 143. The Comprehensive Regulatory Review Act (H.R. 4607) would […]

Credit unions maintain strong net income in 2017, posting increase of 9.2%

March 5, 2018 0

Credit union performance improved marginally in 2017 over the previous year, but nonetheless showed continued, consistent positive net income and net worth, year-end numbers from the federal credit union regulator showed Monday. Year-end (and fourth […]

FTC, NCUA to talk ID protection during Facebook Live event

March 2, 2018 0

Representatives from the Federal Trade Commission (FTC) and National Credit Union Administration (NCUA) will discuss how consumers can safeguard their identities and personal finances from thieves during a March 7 Facebook Live event hosted on […]

State closes 89-year-old NJ credit union, 2nd liquidation of year

February 28, 2018 0

A nearly $86 million-in-assets New Jersey credit union was liquidated by state banking authorities Wednesday, as the federal insurer of credit union savings was appointed the liquidating agent. The credit union had been in operation […]

Director pleads to extortion, employee to theft, in credit union regulator’s February prohibition actions

February 28, 2018 0

A former director in Massachusetts pleaded guilty to an extortion charge, and a former employee in Wisconsin admitted to a theft, resulting in both being ordered to pay restitution to their credit unions by the […]

10 recommendations floated by GAO for regulators to ease burden, assess mortgage disclosure effectiveness

February 27, 2018 0

The federal consumer protection agency and the federal financial institution regulators are the subject of 10 recommendations made by the congressional watchdog, including assessing effectiveness of mortgage disclosure guidance and reporting rationales for their actions. […]

Regulator compares $736 million ‘distribution’ for credit unions to insurance premiums banks will pay

February 27, 2018 0

Praising the distribution of nearly $736 million to credit unions this year, a member of the board of the federal credit union regulator compared credit unions’ experience to that of federally insured banks, which he […]

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Fed: 2025 stress test shows banks ‘well positioned’ to withstand severe recession

June 30, 2025 0

The 22 large banks subjected to the Federal Reserve Board’s 2025 stress test reportedly are “well positioned” to withstand a hypothetical, severe recession while remaining above their minimum capital requirements and continuing to lend to households and businesses, the Fed [...]
Risk on rise for banks in three key areas, OCC reports, as economic uncertainty increases

June 30, 2025 0

Economic uncertainty has increased as consumer sentiment, geopolitical risk, sustained higher interest rates, and downward movement in some macroeconomic indicators have all had their impact on threats to the banking system, the national bank regulator said Monday. In its Semiannual [...]
Citing imminent insolvency, credit union regulator closes doors of OH cooperative; members, accounts transferred to another

June 30, 2025 0

A Middletown, Ohio, credit union has been closed and its members and their accounts moved to a Cincinnati, Ohio, credit union, the federal regulator said Monday. Butler Heritage Federal Credit Union (FCU) of Middletown was liquidated by the National Credit [...]
2 former credit union employees barred from future work in insured FIs

June 30, 2025 0

A former employee of a Kansas credit union and one from a credit union in Pennsylvania are barred from participating in the affairs of any federally insured depository institution, the federal credit union regulator said Monday. The National Credit Union [...]
Texas bank became second to fail so far this year

June 30, 2025 0

A Santa Anna, Texas, bank was closed late Friday by the national bank regulator, becoming the second bank to fail so far this year. Santa Anna National Bank was closed by the Office of the Comptroller of the Currency (OCC), [...]