Eight recommendations for governance and process improvements and a discussion of the federal credit union regulator’s continuing need for third-party oversight authority are highlights of a new inspector general report on the agency’s cyber threat […]
The agency’s one-member board is “tentatively” scheduled to hold its next open meeting July 24, the National Credit Union Administration (NCUA) said in a release Friday. While not specifying so in its release, the agency […]
Federally insured credit unions saw 2.6% asset growth and 3.3% loan growth over the 12-month period ending March 31, while total shares and deposits rose 4.5%, the National Credit Union Administration said Thursday. The agency, […]
A former employee of Antioch Community Federal Credit Union (Antioch, Calif.) was barred from any future service in a federally insured financial institution due to a May 2024 conviction of embezzlement and other charges, the […]
James Hagen and Bill Bruns, the inspector general and deputy inspector general for the National Credit Union Administration (NCUA), will retire in 2025, according to a message by Hagen at the front of his latest […]
The federal credit union regulator is inviting suggestions from the public on its operations and initiatives as it develops a 2026-2030 strategic plan, which it said will “further reinforce” the changes made at the agency […]
First-quarter 2025 data, preliminary and unaudited, for the National Credit Union Share Insurance Fund (NCUSIF) showed the fund’s total assets up 3.14%, growing from $22.3 billion to $23.0 billion in the first quarter of 2025. […]
Response to the agency’s voluntary separation program (VSP) will result in some 250 employees leaving the agency by year-end, and payroll and contract savings of about $75 million that will be realized in 2026, agency […]
A new credit union in St. Louis, Mo., has been chartered to serve the members of the African Diaspora Council Inc., a group based in that city which promotes community self-help and financial and wealth-management […]
The ranking Democrats on the U.S. Senate Banking Committee and House Financial Services Committee on Tuesday called for an inspector general investigation of the president’s recent firings of National Credit Union Administration (NCUA) Board Members […]
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