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.
An application designed to help teach children the value of money and how to develop good spending and saving habits will no longer be available for download through the Apple Store effective June 30, the […]
Survey results from post-examination feedback, under a program launched late last summer, is the only item on the agenda for the federal credit union regulator’s board when it meets Thursday. The meeting is scheduled to […]
The Senate confirmed the chairman of the board of the federal credit union regulator for a new term in office, ending in 2027, on a bipartisan vote of 59-40 Wednesday. National Credit Union Administration (NCUA) […]
A webinar that focuses on challenges faced by small credit unions is scheduled for two weeks from today by the National Credit Union Administration (NCUA), the agency said in an “express” announcement Wednesday. The agency […]
A webinar where credit unions can ask their federal regulator questions about the March 2022 call report cycle, and learn about improvements coming up for the June cycle, is scheduled June 23 and open for […]
Credit unions overall saw their assets, loans and savings totals grow in the first quarter, but ongoing challenges will combine to lower earnings, loan growth and credit quality over the rest of the year, their […]
The deadline is June 24 for applying for more than $1.5 million in grants for underserved outreach and cybersecurity to eligible low-income-designated credit unions through a loan fund offered by the federal credit union regulator, […]
An Office of Inspector General (OIG) review of the federal credit union regulatory agency’s 2021 compliance under the 2019 Payment Integrity Information Act (PIIA) showed the agency had no programs susceptible to “significant improper payments,” […]
An alleged embezzlement of more than $2.2 million from a Winslow, Ariz., credit union has earned a former worker a prohibition from further service at any federally insured financial institution, the federal regulator said Tuesday. […]
The federal fund that insures shares (savings) in credit unions closed 2021 at an equity ratio (reserves to insured shares) of 1.26% and is expected to dip slightly to 1.25% by June 30, agency staff […]
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