Closed Board Meeting - February 8, 2013

February 2013
Closed Board Meeting - February 8, 2013

Board Action Bulletin

The NCUA Board unanimously approved placing NCP Community Development Federal Credit Union of Norfolk, Va. into conservatorship.

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The 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, the NCUA also educates the public on consumer protection and financial literacy issues.

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

Last modified on
07/31/19