NCUA funds deemed ‘clean’ for 2021

The NCUA on Tuesday announced that its four funds again earned unmodified, or “clean,” audit opinions for 2021, according to audited financial statements released by the agency’s Office of the Inspector General.

The financial statements, audited by the independent auditor 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 $20.7 billion on Dec. 31, 2021, protects the deposits of more than 129 million members at more than 4,900 federally insured credit unions.

The complete 2021 financial statements are available on the NCUA website.

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