NCUA Chairman Todd M. Harper addresses the Inclusiv 2023 Annual Conference
ALEXANDRIA, VA (May 3, 2023) — National Credit Union Administration Chairman Todd M. Harper spoke before the audience of Inclusiv’s 2023 Annual Conference in Memphis, Tennessee, today. Chairman Harper also participated in a panel discussion with Cathie Mahon, CEO of Inclusiv.
In his remarks, Chairman Harper described the NCUA’s new examination procedures for minority depository institutions and encouraged eligible credit unions to apply for the 2023 Community Development Revolving Loan Fund grant round. He also discussed the issue of access to capital and the agency’s subordinated debt rule, which is designed to support and preserve small credit unions and minority depository institutions.
Chairman Harper’s full remarks are available on NCUA.gov.
About National Credit Union Administration (NCUA)
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 124 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.