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ExpectMore.govExpectMore.gov home pageEXPECT FEDERAL PROGRAMS TO PERFORM WELL, AND BETTER EVERY YEAR.
 
Program Assessment

Program

View Assessment Details

Regulation of Federal Credit Unions

The program ensures a safe and sound federal credit union system.

Rating

What This Rating Means

PERFORMING
Effective

This is the highest rating a program can achieve. Programs rated Effective set ambitious goals, achieve results, are well-managed and improve efficiency.
  • The program contributes to the safety and soundness of the credit union industry.
  • Credit unions have a unique, cooperative structure and intended purpose (to extend financial services to those of modest means) with member ownership, equal representation of all members, volunteer officials, and equitable service of membership representing all economic strata.
  • While the cooperative structure and intended purpose of the credit union system are unique, other agencies perform similar types of regulatory functions in the banking industry.

Improvement Plan

About Improvement Plans

We are taking the following actions to improve the performance of the program:

  • Continuing to work with Federal financial regulators on identifying comparable outcome goals with which to allow greater comparison of program performance and to ensure best practices are shared.

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