Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
No change in the projected year-end equity ratio of the National Credit Union Share Insurance Fund (NCUSIF) is offered in the latest briefing on the fund, provided during Thursday’s open meeting of the National Credit […]
With no mention of board “action,” the agenda for next week’s open meeting of the currently one-member National Credit Union Administration (NCUA) Board lists only two briefings: one on the quarterly share insurance fund report […]
Calling it the “first round” of proposed regulatory changes, the federal credit union regulator Wednesday released a laundry list of rules it said it intends to change or remove. According to the National Credit Union […]
Credit unions posted increases across a wide variety of performance metrics in the third quarter, their federal regulator said Friday, compared to the same period one year earlier. Those included, the National Credit Union Administration […]
Total losses to credit unions’ federal share insurance fund due to credit union failures amounted to about $18.4 million from April through September, according to a recent inspector general semiannual report supplied to Congress. The […]
A small Pennsylvania credit union was placed into conservatorship by its federal regulator late Tuesday, which cited “unsafe and unsound practices,” the agency said. Copper & Glass Federal Credit Union in Glassport, Pa. – which […]
Credit unions with the National Credit Union Administration’s (NCUA) low-income designation can still apply by Dec. 16 for a portion of the more than $3.4 million in grants being made available by the agency, according […]
A former teller of Affinity Plus Federal Credit Union of Saint Paul, Minn., was barred from any future work in federally insured financial institutions under an October prohibition order. In the consent order, the National […]
An advance calendar of meetings of the federal credit union regulator’s board is “unlikely” to be published in the future, according to a report Thursday, which, if enacted, would upend a long-standing practice of the […]
The board meeting schedule for the National Credit Union Administration shows both the Oct. 23 and Nov. 20 meetings “withdrawn,” taken to mean here as canceled or no longer slated. NCUA Board Chairman Kyle Hauptman, […]
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