Meeting of the ACUA Board
Mar 5, 2024 - Pursuant to Title 5-17-56 of the Code of Alabama, 1975, notice is hereby provided for each member of the Board of the Alabama Credit Union Administration that a board meeting of the Alabama Credit Union Administration will be held at 10:30 a.m., Thursday, March 28, 2024, in Suite 300 of the RSA Union Building, located at 100 N. Union Street, Montgomery, Alabama, 36104.
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Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11
Jan 26, 2024 - BTFP will cease making new loans
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ACUA Receives NASCUS Accreditation
Jan 10, 2024 - ACUA Receives NASCUS Accreditation
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Liquidity Concerns
Nov 28, 2023 - During 2023, the importance of liquidity management and contingency funding planning has been highly elevated. Loan demand has increased significantly for some credit unions while deposit levels have been seen as decreasing generally since the year 2020. The Alabama Credit Union Administration (ACUA) has placed a high priority on examining the level of liquidity in state chartered credit unions and consider this issue as a high level of risk at the present time.
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