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Debbie Matz, Board Chairman National Credit Union Administration. Committed to Community Development. Presentation to National Federation of Community Development Credit Unions Baltimore, Maryland June 7, 2013. CDCUs Are Vitally Important!. Community Development Credit Unions serve:.

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Committed to community development

Debbie Matz, Board Chairman

National Credit Union Administration

Committed to Community Development

Presentation to National Federation of Community Development Credit Unions

Baltimore, Maryland

June 7, 2013

Cdcus are vitally important
CDCUs Are Vitally Important!

Community Development Credit Unions serve:

  • People of Modest Means

  • Low-Income Communities

  • The Credit Union Community


Small credit unions are disappearing
Small Credit Unions Are Disappearing

Number of Credit Unions by Asset Group


Committed to community development

Mergers Are Rising Again

More than 91% of Mergers are Voluntary


Unprofitable credit unions
Unprofitable Credit Unions

More than 34% of Small CUs were Unprofitable in 2012


Committed to community development


Committed to community development

Small Credit Unions Struggling;

Low-Income Credit Unions Surging

Key Credit Union Ratios

(as of Year-End 2012)

3RD Qtr. 2012


Year-End 2010


Credit union exam hours vs losses
Credit Union Exam Hours vs. Losses


Committed to community development

Reallocating NCUA Resources

New Office of National Examinations and Supervision

Shifts in allocations based on assets and risks


Streamlining small cu exams
Streamlining Small CU Exams

  • Eligibility: FCUs with assets up to $50 Million

  • Draft scope and procedures target main risks: Fraud, Record-keeping, Lending

  • Core transaction testing for all small CUs

    • More in-depth, “triggered” levels of review, based on core results


Ncua s commitment to cdcus
NCUA’s Commitment to CDCUs

  • Shorter Examinations

  • Examiner Guidance

  • Regulatory Relief

  • Low-Income Designation Initiative

  • Office of Small Credit Union Initiatives


Building your future
Building Your Future

  • Internal Controls

  • Strategic Planning

  • Due Diligence


Committed to community development

Contacting the

Office of the Chairman

Feel free to contact our office with questions or comments.

Chairman:Debbie Matz

Chief of Staff:Steve Bosack

Senior Advisor:Buddy Gill

Asst./Scheduler:Angela Sanders