NCUA’s four funds receive clean 2020 audit opinions
NCUA's four funds again earned unmodified, or “clean,” audit opinions for 2020, according to audited financial statements released by the agency’s Office of the Inspector General. The complete 2020 financial statement audits are available on NCUA.gov.
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 $19.1 billion on Dec. 31, 2020, protects the deposits of more than 124 million members at more than 5,000 federally insured credit unions.