An official website of the United States government

News Español Contact Us

About
About
Created by the U.S. Congress in 1970, the National Credit Union Administration is an independent federal agency that insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions.
Regulation & Supervision
Regulation & Supervision
The NCUA protects the safety and soundness of the credit union system by identifying, monitoring and reducing risks to the National Credit Union Share Insurance Fund. Backed by the full faith and credit of the United States, the Share Insurance Fund provides up to $250,000 of federal share insurance to millions of account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.
Analysis
Analysis
The NCUA’s economists and analysts compile data on the credit union system’s financial performance, merger activity, changes in credit union chartering and fields of membership, as well as broader economic trends affecting credit unions. Users can find information on a single credit union or analyze broader nation-wide trends.
Support Services
Support Services
The NCUA provides a number of support services to the credit union system, such as providing training, grants and loans, chartering, and field-of-membership services; maintaining the health and stability of Share Insurance Fund; managing the assets of failed credit unions; and providing emergency liquidity.
Consumers
Consumers
The NCUA works to protect credit union members and consumers, raise awareness of potential frauds, facilitate access to affordable financial services, and educate consumers on the importance of savings and how they can improve their financial well-being.
News
News
Stay up to date on the NCUA's activities by subscribing to the NCUA's Express messages. Read press releases, speeches, testimony, and Annual Reports. Register for upcoming conferences and events.

NCUA Board Member Rodney E. Hood Statement on Final Rule, Parts 702 and 741, Subordinated Debt

December 2021

NCUA Board Member Rodney E. Hood Statement on Final Rule, Parts 702 and 741, Subordinated Debt

Rodney E. Hood

NCUA Board Member Rodney E. Hood at the NCUA's headquarters in Alexandria, Virginia.

As Prepared for Delivery on December 16, 2021

I will certainly be supporting today's proposal because anything that's really going to help our CDFIs and our MDIs continue with financial access and inclusion is something that I joyfully support. And I support it because first and foremost, it's our CDFIs and our MDIs that have the proximity to the communities in need. Whether it be low to moderate income households, minority, ethnic communities, rural, or even tribal areas.

I have no questions. Thank you.

Latest News

Credit Union Assets and Loans Grow, Delinquencies Increase, Net Income Down

According to the latest financial performance data released today by the National Credit Union…

3 min read

NCUA Awards Over $3.5 Million in Community Development Revolving Loan Fund Grants

The National Credit Union Administration today announced awards of more than $3.5 million in…

1 min read

NCUA Prohibits One Individual from Participating in the Affairs of Any Federally Insured Depository Institution

The National Credit Union Administration in August 2024 permanently prohibited one individual from…

1 min read

Financial Regulators Update Examiner Guidance on Financial Institutions’ Information Technology Development, Acquisition, and Maintenance

The Federal Financial Institutions Examination Council (FFIEC) today issued a new booklet to help…

1 min read

Rodney E. Hood

Last modified on

12/16/21