November 2020
NCUA Chairman Hood Discusses Efforts to Support Credit Unions During COVID-19 at Senate Hearing
ALEXANDRIA, Va. (Nov. 10, 2020) – National Credit Union Administration Chairman Rodney E. Hood today testified during a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
Chairman Hood provided the Committee with a state of the credit union system and the National Credit Union Share Insurance Fund, and detailed the agency’s efforts to provide regulatory relief, help credit unions address emerging risks, and support small, low-income, and minority credit unions during the ongoing COVID-19 emergency. He also discussed the agency’s new financial inclusion initiative, ACCESS: Advancing Communities through Credit, Education, Stability, and Support.
LINKS:
Latest News
The National Credit Union Administration issued one consent and two prohibition notices in June…
2 min read
The National Credit Union Administration commemorated today the 90th anniversary of the signing of…
3 min read
The National Credit Union Administration released today its annual Cybersecurity and Credit Union…
1 min read
Minority depository institution credit unions expanded membership and services in 2023, promoting…
2 min read