June 2020
NCUA Chairman Rodney E Hood Statement on Supreme Court’s Decision on Field-of-Membership Lawsuit
ALEXANDRIA, Va. (June 29, 2020) – National Credit Union Administration Chairman Rodney E. Hood issued the following statement after the U.S. Supreme Court denied an appeal from the American Bankers Association to review the NCUA’s chartering and field of membership rules.
“Today’s decision by the Supreme Court ends nearly four years of uncertainty and will help the NCUA in its efforts to foster greater financial inclusion for all Americans. The NCUA will begin processing field-of-membership applications affected by this decision immediately.”
Latest News
According to the latest financial performance data released today by the National Credit Union…
2 min read
National Credit Union Administration issued one prohibition order in May 2025. The individual named…
1 min read
As Prepared for Delivery on May 29, 2025
I'd like to start off by thanking our colleagues at the U…
4 min read
National Credit Union Administration Chairman Kyle S. Hauptman invited stakeholders to provide…
1 min read