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NCUA Releases 2017 Annual Report
Thursday, March 22, 2018 6:45 AM

The National Credit Union Administration today released its 2017 Annual Report, highlighting the agency’s activities, policy initiatives and accomplishments for 2017.

“In 2017, we took a number of significant steps to strengthen the credit union system and to improve the NCUA’s efficiency, effectiveness, transparency, and accountability,” NCUA Board Chairman J. Mark McWatters said. “We also continued to make critical investments in new technology, processes, and systems that will reduce our regulatory footprint in credit unions in the future. Our accomplishments during the year are a testament to the professionalism and dedication of the NCUA’s employees.

“In 2018, we will advance several initiatives that will further reduce the regulatory burden on credit unions and improve the agency’s operations,” McWatters said. “Additionally, developing targeted regulation that is accompanied by a thoughtfully tailored supervisory and examination program will help the credit union community grow, thrive, and prosper. Through these efforts, and with the continued support of stakeholders in the credit union community and in Congress, we can lay the foundation for a more innovative and dynamic credit union system of the future.”

View the entire press release.‚Äč