News stories tagged Field of Membership

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Funds earn ‘clean’ opinions – but challenges lie ahead

(Feb. 19, 2021) While four funds administered by NCUA all earned unmodified or “clean” audit opinions for 2020, the agency’s inspector general still outlined a number of 2021 challenges for...

NASCUS congratulates NCUA on the field of membership ruling

In a victory for NCUA and the credit union system, the District of Columbia Circuit Court of Appeals upheld virtually all aspects of NCUA’s Field of Membership Rule, overturning the lower district court which had struck down two provisions of the rule.