NCUA Reports An Increase in NCUSIF Loss Reserves by Almost $78 Million In September "Credit News 24"

The National Credit Union Administration increased National Credit Union Share Insurance Fund reserves for losses to $286 million at the end...

Number of Problem CUs Fell During Q3 2018 "Credit News 24"

The number of problem credit unions fell during the third quarter of 2018, according to the National Credit Union Administration. At the end...

NCUA Chairman McWatters: Equity Ratio of 1.30 Percent Not Sufficient to Weather 2007-2009 Recession "Credit News 24"

National Credit Union Administration Chairman McWatters sets the record straight that the National Credit Union Share Insurance Fund's N...

Eight Lawmakers Write NCUA over Melrose's Treatment of Taxi Medallion Borrowers "Credit News 24"

Crain's New York Business is reporting that eight New York Democratic lawmakers wrote National Credit Union Administration (NCUA) Chairm...

Portions of Vast Community Charter Did Not Meet the Standard of Being Local in 2004 "Credit News 24"

The National Credit Union Administration (NCUA) in August approved a community charter for Utah Community FCU (Provo, UT) comprised of a Com...

Shreveport FCU Closed, Members and Most Shares and Loans Assumed by Red River Employees FCU "Credit News 24"

The National Credit Union Administration on October 2 liquidated Shreveport Federal Credit Union of Shreveport, Louisiana. Red River Employe...

TCCUSF to Close in 2018, NCUSIF NOL Increased to 1.39 Percent "Credit News 24"

The National Credit Union Administration (NCUA) Board voted to close the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) in 201...

56 CUs Awarded $39.5 Million from CDFI Fund "Credit News 24"

The National Credit Union Administration (NCUA) is reporting that 56 federally-insured credit unions will receive awards from the Community ...