NCUA’s 4 Funds Are Given Clean Bill of Health

ALEXANDRIA, Va. – NCUA is reporting its four funds have again earned unmodified or “clean” audit opinions for 2019, according to audited financial statements released today by the agency’s Office of the Inspector General.

The agency said its complete 2019 financial statement audits are available on NCUA.gov.

The financial statements, audited by KPMG LLP, cover the National Credit Union Share Insurance Fund, the agency’s Operating Fund, the Central Liquidity Facility, and the Community Development Revolving Loan Fund.

The Share Insurance Fund, which held assets of $16.7 billion on Dec. 31, 2019, protects the deposits of more than 119 million members at more than 5,200 federally insured credit unions.

 

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