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NCUA Issues 2012 Annual Report

​Report Reflects on Transformative Year for the Credit Union Industry and Agency

ALEXANDRIA, Va. (May 14, 2013) – The National Credit Union Administration today issued its Annual Report, which highlights the agency’s activities and accomplishments in 2012.

“For federally insured credit unions and NCUA, 2012 was a transformative year,” said NCUA Board Chairman Debbie Matz. “The industry transitioned from the uncertainty caused by a severe recession and benefited from a recovering economy. We are confident that NCUA’s proactive actions in 2012 have created a framework strong enough and flexible enough to ensure that millions of Americans will be able to rely on federally insured credit unions for their financial needs for many years to come.”

NCUA’s 2012 initiatives and accomplishments are grouped into five categories that include:

  • Ensuring a safe and sound credit union system;
  • Modernizing regulations;
  • Continuing corporate resolution efforts;
  • Engaging, assisting and coordinating with stakeholders; and
  • Positioning NCUA for the future.

In addition, NCUA’s Annual Report provides an assessment of the agency’s performance in meeting its strategic goals. It contains the audited financial statements for each of NCUA’s four permanent funds, as well as historical industry and National Credit Union Share Insurance Fund data and statistics.

To view the 2012 Annual Report, visit

NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 100 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.


National Credit Union Administration

Office of Public & Congressional Affairs



John Fairbanks
Office: 703.518.6336
Mobile: 571.438.0801

Ben C. Hardaway
Office: 703.518.6333
Mobile: 703.298.5223

Kenzie Snowden
Office: 703.518.6334

"Protecting credit unions and the consumers who own them through effective regulation"