Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA Opens 2014 Consulting Nomination Process
ALEXANDRIA, Va. (11/6/13)--Nominations for the first 2014 round of the National Credit Union Administration's small credit union consulting program are now being accepted.

"Often small and low-income credit unions don't have the resources to hire consultants to improve their operations, but NCUA can help," NCUA Chairman Debbie Matz said. The program, she added, "demonstrates NCUA's commitment to ensuring that [small] credit unions remain viable in the long run."

Through the consulting program, the NCUA's Office of Small Credit Union Initiatives (OSCUI) offers budgeting, marketing, policy development and strategic planning assistance. The experienced economic development specialists that offer this assistance also help credit unions tackle other examination issues.

Credit unions with less than $50 million in total assets, charters that have been approved within the past 10 years, or low-income designations may be approved for the consulting program.

Nominations may be submitted by NCUA examiners or other agency staff, state credit union regulators, or by credit unions themselves. Nominations will be accepted until Nov. 30 at 5 p.m. (ET). Selected credit unions will receive assistance for a six-month period, the NCUA said.

A total of 319 credit unions applied in the 2013 first round of the program. For more information and a nomination form, use the resource link.
Other Resources

NCUA Release
RSS print
News Now LiveWire
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
8 hours ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
9 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
10 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
11 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
12 hours ago