Read more about the article NCUA Releases Annual Cybersecurity and Credit Union System Resilience Report

NCUA Releases Annual Cybersecurity and Credit Union System Resilience Report

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Report Describes Measures Taken to Strengthen Cybersecurity ALEXANDRIA, Va. (June 25, 2024) – The National Credit Union Administration released today its annual Cybersecurity and Credit Union System Resilience Report. The report summarizes the current cybersecurity threat landscape, highlights the agency’s key cybersecurity initiatives, and outlines the agency’s ongoing efforts to enhance cybersecurity preparedness and resilience

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Read more about the article MDI Credit Union Growth Expands Financial Security and Creates Opportunities

MDI Credit Union Growth Expands Financial Security and Creates Opportunities

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The NCUA Releases its Annual MDI Report to Congress Today ALEXANDRIA, Va. (June 24, 2024) – Minority depository institution credit unions expanded membership and services in 2023, promoting economic growth and financial security, particularly in underserved communities. “MDI credit unions, through a combination of a focused mission, a strong sense of purpose, and dedicated staff

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Read more about the article NCUA Releases Q1 2024 State-Level Credit Union Data Report

NCUA Releases Q1 2024 State-Level Credit Union Data Report

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ALEXANDRIA, Va. (June 17, 2024) – For federally insured credit unions, assets and shares and deposits declined at the median over the year ending in the first quarter of 2024. At the same time, loans outstanding increased and delinquencies grew at the median, according to the latest Quarterly U.S. Map Review released today by the

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Read more about the article 1st Choice Credit Union Conserved

1st Choice Credit Union Conserved

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Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted ALEXANDRIA, Va. (June 14, 2024) – The National Credit Union Administration today placed 1st Choice Credit Union in Atlanta, Georgia, into conservatorship. This action was taken in consultation with the Georgia Department of Banking and Finance. Member deposits at 1st Choice Credit Union remain protected

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NCUA Charters Fair Break Federal Credit Union

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Second Charter Issued Under the Provisional Charter Pilot Initiative ALEXANDRIA, Va. (June 6, 2024) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Fair Break Federal Credit Union in Memphis, Tenn. Fair Break Federal Credit Union is the second federal credit union to receive a charter under

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