In working to protect the credit union system and the Share Insurance Fund from losses, NCUA employs several supervisory tools and enforcement actions depending on the severity of the situation. Some of these tools include letters of understanding and agreement, administrative orders and consent orders.
The NCUA issues Administrative Orders when it finds that a credit union or persons affiliated with a credit union have violated a law, a rule or regulation, or engaged in an unsafe or unsound practice.
NCUA assesses civil monetary penalties against credit unions that fail to file a Call Report on time. Here are lists of credit unions that agreed to civil monetary penalties for not submitting their quarterly Call Report information by the filing deadline.