Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NEW: NCUA Receives Clean Audits for Permanent Funds
ALEXANDRIA, Va. (UPDATED: 1:30 p.m. ET, 2/19/13)--The National Credit Union Administration announced that all four of its permanent funds received unqualified, or "clean," audit opinions for 2012.

The report covers the NCUA's National Credit union Share Insurance Fund, the Operating Fund, the Central Liquidity Facility and the Community Development Revolving Loan Fund.

KPMG LLP completed the audits of all four permanent funds and expects to issue an opinion on the 2012 financial statements for the Temporary Corporate Credit Union Stabilization Fund in the coming months. The Stabilization Fund earned a clean audit opinion for 2011.

"Diligent stewardship of our funds and public transparency are both top priorities for the agency," NCUA Chairman Debbie Matz said when releasing the report results. She added that the independent auditor's clean opinions "lead me to say with full confidence that we have fully lived up to our commitments to credit unions, credit union members and their communities."

Use the resource link to access the financial reports.
Other Resources

NCUA Audit Release
RSS print
News Now LiveWire
.@CFPB sets $2.75M fine v. auto finance co. it says "distorted consumer credit records for years": TX-based First Investors Fin. Serv. Group
29 minutes ago
University, college #creditunions add fin ed to higher ed. See #NewsNow http://t.co/NsyshwHPhg
2 hours ago
Are you going to be naughty or nice to your budget with holiday spending? http://t.co/FcN2YPxCIU
2 hours ago
Did U miss the July @TheNCUA open meeting? Now a video recording is available on the agency’s website. Go here: http://t.co/cxGs2bkdKt
3 hours ago
What about creating the Central Bank of #Bitcoin? via @ColoradoBizMag http://t.co/jNOGCxjEEt
3 hours ago