The National Credit Union Administration published audited 2024 financial statements showing that each of its four funds received an unmodified, or “clean,” audit opinion, as reported by the agency’s Office of Inspector General. The audits were performed by KPMG LLP and cover the National Credit Union Share Insurance Fund, the agency’s Operating Fund, the Central Liquidity Facility, and the Community Development Revolving Loan Fund. As of December 31, 2024, the Share Insurance Fund held USD 22.3 billion in assets and insures deposits for more than 142 million members at more than 4,400 federally insured credit unions.
National Credit Union Administration 2025-02-13
National Credit Union Administration reports clean 2024 audit opinions across its four funds
The National Credit Union Administration's 2024 financial statements received unmodified audit opinions for all four funds, confirmed by the Office of Inspector General. KPMG LLP audited the National Credit Union Share Insurance Fund, Operating Fund, Central Liquidity Facility, and Community Development Revolving Loan Fund. The Share Insurance Fund held USD 22.3 billion in assets as of December 31, 2024, insuring deposits for over 142 million members at more than 4,400 federally insured credit unions.