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August Issue of The NCUA Report Now Available

ALEXANDRIA, Va. (Aug. 20, 2015) – The National Credit Union Administration announced today the August 2015 issue of The NCUA Report is now available online.

This latest issue includes columns from NCUA Board Chairman Debbie Matz, Vice Chairman Rick Metsger and Board Member J. Mark McWatters. Additionally, it contains articles from several NCUA offices on the agency’s initiatives and information on supervisory, regulatory and compliance issues that are important to all federally insured credit unions.

The articles in this month’s edition include:​
  • New FFIEC Assessment Tool Can Strengthen a Credit Union’s Cyber Defenses
  • Chairman’s Corner: Behind-the-Scenes View of Regulatory Relief Deliberations
  • A Strong Verification Process Protects Apple Pay Users
  • Vice Chairman Rick Metsger’s Perspective: Never Underestimate the Power of a Compliment
  • Board Member McWatters’ Perspective: New MBL Proposal: Are Further Changes in Order?
  • Board Actions: Fixed-Asset Rule Provides Relief to More Than 3,800 Federal Credit Unions
  • How the Overhead Transfer Rate and Operating Fee Work
  • What to Consider When Reviewing Privileged Access
  • Severe Weather Can Destroy a Consumer’s Financial Stability

Published monthly, The NCUA Report is NCUA’s flagship publication. The newsletter highlights important Board actions and key issues that credit union managers, staff and volunteers need to know. Interested readers can subscribe to the online version of the newsletter here. For previous issues of The NCUA Report, go to

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 account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At, NCUA also educates the public on consumer protection and financial literacy issues.


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9/20/2018 6:01 PM