NCUA Public Letters of Understanding and Agreement

Letters of Understanding and Agreement (LUAs) are supervisory tools used by NCUA. An LUA is essentially a contract between NCUA and a credit union and/or its officials, in which the credit union or officials agree to take, or not take, certain specified actions. Normally, LUAs are negotiated when credit unions have not adequately responded to less severe measures, such as Documents of Resolution. NCUA also requires LUAs for newly chartered credit unions and to grant permanent special assistance.

The Federal Credit Union Act requires that the NCUA Board publish and make available to the public “any written agreement or other written statement for which a violation may be enforced by the Board unless the Board, in its discretion, determines that publication would be contrary to public interest.” Violations of the terms of a published LUA constitute grounds for administrative actions. The NCUA Board may therefore take administrative actions against credit unions or officials that fail to comply with the terms of published LUAs.

Data and Resources

Field Value
accessLevel public
bureauCode {015:11}
catalog_@context https://project-open-data.cio.gov/v1.1/schema/catalog.jsonld
catalog_conformsTo https://project-open-data.cio.gov/v1.1/schema
catalog_describedBy https://project-open-data.cio.gov/v1.1/schema/catalog.json
describedBy https://www.ncua.gov/regulation-supervision/enforcement-actions/letters-understanding-agreement
identifier PDA34
language {en-US}
modified 2021-11-03T18:24:16.949Z
programCode {015:001}
publisher National Credit Union Administration
publisher_hierarchy National Credit Union Administration > National Credit Union Administration
resource-type Dataset
rights true
source_datajson_identifier true
source_hash 1921aa1c0dbefd7ae74f8a276d649ae5f436e77c
source_schema_version 1.1
Groups
  • AmeriGEOSS
  • National Provider
  • North America
Tags
  • AmeriGEO
  • AmeriGEOSS
  • CKAN
  • GEO
  • GEOSS
  • National
  • North America
  • United States
  • administrative-action
  • credit-union-data
  • credit-unions
  • data-on-credit-unions
  • luas
  • ncua
  • pluas
  • published-letters-of-understanding-and-agreement
isopen False
license_id notspecified
license_title License not specified
maintainer Office of Examination and Insurance
maintainer_email eimail@ncua.gov
metadata_created 2025-09-23T17:08:11.307220
metadata_modified 2025-09-23T17:08:11.307227
notes Letters of Understanding and Agreement (LUAs) are supervisory tools used by NCUA. An LUA is essentially a contract between NCUA and a credit union and/or its officials, in which the credit union or officials agree to take, or not take, certain specified actions. Normally, LUAs are negotiated when credit unions have not adequately responded to less severe measures, such as Documents of Resolution. NCUA also requires LUAs for newly chartered credit unions and to grant permanent special assistance. The Federal Credit Union Act requires that the NCUA Board publish and make available to the public “any written agreement or other written statement for which a violation may be enforced by the Board unless the Board, in its discretion, determines that publication would be contrary to public interest.” Violations of the terms of a published LUA constitute grounds for administrative actions. The NCUA Board may therefore take administrative actions against credit unions or officials that fail to comply with the terms of published LUAs.
num_resources 1
num_tags 16
title NCUA Public Letters of Understanding and Agreement