Board Action Bulletin
The NCUA Board voted unanimously to delegate to the Director of the Office of Corporate Credit Unions the authority to place U.S. Central Bridge Federal Credit Union into involuntary liquidation.
The NCUA Board voted unanimously to authorize the Director of the Office of Corporate Credit Unions to approve the sale of select assets and shares of First Corporate Credit Union to Catalyst Corporate Federal Credit Union.
The NCUA Board unanimously approved the Selection of Mark Treichel as the Executive Director.
The NCUA considered one supervisory matter that remains confidential at this time.
The NCUA considered one Charter and Purchase and Assumption Request that remains confidential at this time.
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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 MyCreditUnion.gov, NCUA also educates the public on consumer protection and financial literacy issues.