office of Small Credit Union Initiatives

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  South Carolina CUs Awarded First-Ever $50,000 NCUA Collaboration Grant

  By Heather Anderson  |  April 16, 2013

  Agency says grant, to be used to improve talent management, is largest offered yet to LICUs.

• Ins and Outs of Using Low-Income Designation

  By Scott Butterfield  |  April 10, 2013

  If yours is one of the NCUA’s newly designated low-income credit unions, congratulations.

• NCUA Sets Small CU Workshop Schedule

  By Heather Anderson  |  March 11, 2013

  Fifteen sessions around the country through October.

• Well-Rounded Succession Plans Take a Broad Approach

  By Natasha Chilingerian  |  February 27, 2013

  Having some kind of a succession plan in place, even just knowing who will take a CEO’s place in the event of his or her sudden departure, is a necessity for every credit union. But experts say the best succession plans don’t just determine who future leaders will be. They...

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  Mergers Will Continue to Cull Small Credit Unions From Herd

  By Robert McGarvey  |  February 27, 2013

  Every day, six days a week, a credit union closes and never re-opens. That has been going on for many years. More than 3% of credit unions have annually closed for the past decade. By 2025, the United States will have around 4,500 credit unions.

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  Mergers Will Continue to Cull the CU Herd: Print Preview

  By Robert McGarvey  |  February 21, 2013

  Do the math. Look to your right. Look to your left. One in three credit unions will vanish by 2025. Find out more in this week's preview from next week's print edition.

• NCUA Webinar on Restoring Net Worth Focuses on Small Credit Unions

  By Marc Rapport  |  February 13, 2013

  The NCUA will host a webinar next Wednesday, Feb. 20, at 2 p.m. EST on “Net Worth Restoration Plans: A Path to Recovery.”

• Joy Lee Named NCUA Ombudsman

  By Heather Anderson  |  February 11, 2013

  Agency also elevates position to direct report to NCUA Board.

• NCUA Offers Low-Interest Loans to LICUs

  By Heather Anderson  |  January 28, 2013

  Agency's small credit union office has $9.5 million in Revolving Loan Fund.

• One Regulatory Size Does Not Fit All

  By Sarah Snell Cooke  |  January 16, 2013

  I’m going to share with you excerpts from a report that was sent to the Consumer Financial Protection Bureau explaining why it should practice an asset size-based exemption for its regulations. The executive summary opens: