NCUA Rescinds Most COVID-19 Guidance to Credit Unions
National Credit Union Administration announced that it is rescinding many of its pandemic-related guidance to credit unions.
Comment Period for Climate-Related Financial Risks to Credit Unions RFI Now Open
The NCUA Board approved a request for information seeking comments on current and future climate and natural disaster risks to federally insured credit unions, related entities, their members, and the National Credit Union Share Insurance Fund.
NCUA–COSSEC Partnership Will Strengthen Supervision of Cooperativas
Agreement Underscores Commitment to Collaboration, Supervision, and Information Sharing
NCUA Files Suit Against Former Edinburg Teachers CEO
NCUA Seeking Millions From the Former CEO for Breach of Duties
NCUA Charters Generations United Federal Credit Union
Generations United Federal Credit Union’s charter became effective April 14, and the credit union expects to commence operations later this year.
NCUA Research Examines Credit Union Exposure to Climate-Related Physical Risks
The NCUA’s Office of the Chief Economist today released a Research Note finding that roughly one-quarter of all federally insured credit unions are in communities classified as having a relatively high or very high risk of experiencing negative effects due to natural hazards.
Credit Union Assets, Shares, and Deposits Grow in Fourth Quarter
“In terms of overall performance, federally insured credit unions remained on a solid footing last year. Total loans, assets, and insured shares increased, and capital levels remained strong,” NCUA Chairman Todd M. Harper said.
NCUA Charters For Members Only Federal Credit Union
New Credit Union Will Serve Alpha Kappa Alpha Sorority
Control of Edinburg Teachers Credit Union Returned to Members
Edinburg Teachers Credit Union, located in Edinburg, Texas, is once again under the control of its members after release from conservatorship, the National Credit Union Administration and the Texas Credit Union Department announced today.
NCUA Releases New Updated FAQs on CECL, Simplified CECL Tool
NCUA has released updates to its frequently asked questions on the current expected credit losses (CECL) accounting standard and its Simplified CECL Tool.
Valwood Park Federal Credit Union Conserved
What the NEV?! And other ways Washington is screwing up credit unions
Tackling the impact to credit unions from NCUA’s net economic value (NEV) policy and more nonsense from the Consumer Financial Protection Bureau and sending it through the sewer system where it belongs.