The National Credit Union Administration announced it will no longer publicly report overdraft and non-sufficient fund (NSF) fee income for individual credit unions, and will instead collect the information through supervisory examinations. The change takes effect with the March 31, 2025, Call Report cycle. Previously, federally insured credit unions with more than USD 1 billion in assets had to separately disclose overdraft and NSF fee income, which the NCUA made available publicly at both the individual credit union level and in the aggregate. Under the new approach, the agency plans to continue publishing aggregated overdraft and NSF fee income once updates to its examination system are complete. In related remarks, NCUA Chairman Kyle S. Hauptman also highlighted a policy focus on “true financial inclusion,” including reducing barriers to de novo credit unions and easing regulatory “pain points” affecting smaller institutions to avoid regulatory burden influencing merger decisions.
National Credit Union Administration 2025-03-03
National Credit Union Administration stops publishing credit-union-level overdraft and non-sufficient fund fee income and shifts data collection to examinations
The National Credit Union Administration (NCUA) will stop public reporting of individual credit unions' overdraft and NSF fee income, collecting this data through supervisory examinations starting March 31, 2025. Aggregated data will be published once examination system updates are complete. NCUA Chairman Kyle S. Hauptman emphasized focusing on financial inclusion, reducing barriers for new credit unions, and easing regulatory burdens on smaller institutions.