Read more about the article NCUA Prohibits Four Individuals From Participating in the Affairs of Any Federally Insured Depository Institution

NCUA Prohibits Four Individuals From Participating in the Affairs of Any Federally Insured Depository Institution

NCUA Prohibits Four Individuals From Participating in the Affairs of Any Federally Insured Depository Institution ALEXANDRIA, Va. (May 31, 2024) – The National Credit Union Administration issued four consent orders in May 2024. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Arneta Davis, a former

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Read more about the article NCUA Charters Tribe Federal Credit Union

NCUA Charters Tribe Federal Credit Union

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First Charter Issued Under the Provisional Charter Pilot Initiative ALEXANDRIA, Va. (May 28, 2024) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Tribe Federal Credit Union in Minneapolis. Tribe Federal Credit Union is the first federal credit union to receive a charter under the NCUA’s provisional

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Read more about the article Lending, Assets, Insured Shares, and Delinquencies Rise in Third Quarter

Lending, Assets, Insured Shares, and Delinquencies Rise in Third Quarter

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NCUA Releases Credit Union System Performance Data for the Third Quarter of 2023 ALEXANDRIA, Va. (Dec. 7, 2023) – According to the latest financial performance data released today by the National Credit Union Administration, total loans outstanding in federally insured credit unions increased $132 billion, or 9.1 percent, over the year ending in the third

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Read more about the article NCUA Board Member Hood’s Statement on Senior Advisor Brooks’ Distinguished Service

NCUA Board Member Hood’s Statement on Senior Advisor Brooks’ Distinguished Service

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NCUA Board Member Hood’s Statement on Senior Advisor Brooks’ Distinguished Service ALEXANDRIA, Va. (Oct. 12, 2023) – National Credit Union Administration Board Member Rodney E. Hood issued the following statement today on the upcoming transition of his Senior Advisor and former Chief of Staff, H. Lenwood Brooks, V. Next month, Brooks will join the Federal

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NCUA Board Approves Advance Notice of Proposed Rulemaking on Records Retention

Board Action Bulletin ALEXANDRIA, Va. (April 18, 2024) – The National Credit Union Administration Board held its third open meeting of 2024 and unanimously approved an advance notice of proposed rulemaking that solicits stakeholder comments on ways the agency can improve and update its records preservation program regulations and accompanying guidelines in Part 749 and

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