Closed Board Meeting - August 2, 2018

August 2018
Closed Board Meeting - August 2, 2018

The NCUA Board issued a Notice of Charges against Alan S. Kaufman, former CEO of Melrose Credit Union.

The NCUA Board approved the merger of Preferred Community Bank into Achieva Credit Union.

The NCUA Board approved the merger of Bay Ridge Federal Credit Union into Island Federal Credit Union.

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
05/13/19