Closed Board Meeting - July 19, 2017 | National Credit Union Administration

August 2017

Closed Board Meeting - July 19, 2017

The NCUA Board approved a long-range agency restructuring plan.

The NCUA Board also considered a request for approval under Section 205(d), and a supervisory matter, both of which remain confidential at this time.

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 (opens new window), 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."