NCUA Public Letters of Understanding and Agreement
type: Dataset
description: 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.
issued: 2025-09-23T17:08:11.307220
language: {en-US}
modified: 2021-11-03T18:24:16.949000+00:00
contact point: Organization
  fn: Office of Examination and Insurance
keyword: AmeriGEO
keyword: AmeriGEOSS
keyword: CKAN
keyword: GEO
keyword: GEOSS
keyword: National
keyword: North America
keyword: United States
keyword: administrative-action
keyword: credit-union-data
keyword: credit-unions
keyword: data-on-credit-unions
keyword: luas
keyword: ncua
keyword: pluas
keyword: published-letters-of-understanding-and-agreement

NCUA Public Letters of Understanding and Agreement
type: Distribution
description: This resource provides a listing of NCUA Public Letters of Understanding and Agreement.
issued: 2021-11-30T16:48:12.024543
modified: 2025-09-23T17:08:11.291244
access URL: https://www.ncua.gov/regulation-supervision/enforcement-actions/letters-understanding-agreement

US Migrating
type: Agent