Fewer Regulatory Actions Issued by NCUA in 2017

The National Credit Union Administration (NCUA) issued fewer Preliminary Warning Letters (PWLs) and Letters of Understanding and Agreement (LUAs) in 2017.

According to information obtained by a Freedom of Information Act, the agency issued 56 PWLs in 2017 -- down from 69 in 2016.

There were 10 fewer LUAs issued in 2017 compared to 2016 with 105 issued in 2017. All of the LUAs were unpublished.

In addition, there was not a change in the number of cease and desist orders (CDOs) issued at 2.

The following chart shows the number of PWLs, LUAs, and CDOs issued by NCUA between 2013 and 2017.