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NCUA Recently Posted Information
Items recently posted to the NCUA web site
- Media Advisory – NCUA Charters East River Development Alliance FCU in New York City
December 10, 2009, Alexandria VA. – The National Credit Union Administration (NCUA) Board today approved the charter for a new low-income credit union in New York City. - Agenda for the 12/17/2009 NCUA Board Meeting is available
- Media Release – Matz Calls on Volunteers to Help Protect Safety & Soundness
December 9, 2009, Alexandria, Va. – Speaking to 500 attendees at the CUES Directors Conference in Palm Desert, Calif., National Credit Union Administration Chairman Debbie Matz encouraged volunteers to actively work with management to ensure the “short-term perseverance and long-term success of our nation’s credit unions.” - Media Advisory – Matz Calls for Consumer-Focused Capital Reform
December 07, 2009, Alexandria VA. – National Credit Union Administration Chairman Debbie Matz today called for changes in the credit union capital regime that would enable credit unions to promote consumer savings while maintaining rigorous safety and soundness standards. - Media Advisory – Navy Federal Credit Union Welcomes Board Member Fryzel
December 07, 2009, Alexandria VA. – NCUA Board Member, Michael E. Fryzel recently visited Navy Federal Credit Union CEO Cutler Dawson and executive credit union staff at the credit union’s headquarters in Vienna, Virginia. - Media Advisory – Fryzel Visits Andrews Federal Credit Union
December 4, 2009, Alexandria, Va. – NCUA Board Member, Michael E. Fryzel recently met with Andrews Federal Credit Union President & CEO Chris McDonald, credit union staff, and Defense Credit Union Council President/CEO, Arty Arteaga at the credit union’s headquarters in Suitland, Maryland. - Media Release – Fairfield County Ohio Federal Employees Federal Credit Union Closes
November 30, 2009, Alexandria, Va. – The National Credit Union Administration (NCUA) today placed Fairfield County Ohio Federal Employees Federal Credit Union of Lancaster, Ohio, into liquidation. - Media Advisory – Matz Sets New Round of Town Hall Sessions
November 30, 2009, Alexandria, Va. – National Credit Union Administration Chairman Debbie Matz today announced details of the next round of NCUA Town Hall meetings. The sessions, similar to those held this fall, as part of an Agency effort to receive stakeholder input about the corporate rulemaking process and other important issues, will be held in Dallas, Texas, Monday, January 22nd and Orlando, Florida, Thursday, February 4th. These sessions will begin at 9:00 a.m. and end at noon. A webinar will follow in February. - Media Advisory – Fryzel Visits First Trust Credit Union
November 25, 2009, Alexandria, Va. -- NCUA Board Member, Michael E. Fryzel recently visited First Trust Credit Union in Valparaiso, Indiana. While there, he had the opportunity to meet with the credit union’s CEO Ronald Budzinski and Board Chairman Arnold Bass along with credit union staff and Indiana Credit Union League President, John McKenzie. - Letter to Credit Unions 09-CU-23 - Reviewing Adequacy of Earnings
- Media Advisory – Credit Union Net Worth Remains Strong, Market Challenges Continue, Third Quarter Numbers Show
November 25, 2009, Alexandria, Va. -- National Credit Union Administration (NCUA) Chairman Debbie Matz urged the Department of Treasury to support increasing or eliminating the statutory cap on credit union member business lending, and allow NCUA to establish the regulatory parameters. - Media Advisory – Matz Calls for Lifting of Statutory Member Business Lending Cap
Alexandria, Va. November 24, 2009 -- National Credit Union Administration (NCUA) Chairman Debbie Matz urged the Department of Treasury to support increasing or eliminating the statutory cap on credit union member business lending, and allow NCUA to establish the regulatory parameters. - Media Release – Temporary Corporate Credit Union Share Guarantee Program Extended
The National Credit Union Administration has extended the expiration date of NCUA’s Temporary Corporate Credit Union Share Guarantee Program (TCCUSGP) from December 31, 2011, to March 31, 2012. With this extension, new investments with maturities of two years or less in participating corporate credit unions made before March 31, 2010, will be fully covered by the guarantee program. - Media Release – Buckham Named Head of New NCUA Consumer Office
November 20, 2009, Alexandria, Va. – The National Credit Union Administration (NCUA) Board yesterday named Kent Buckham as Director of the newly-created Office of Consumer Protection. In that role Buckham will lead the 30-person department, which beginning in January 2010 will serve as a focal point for NCUA’s efforts to enhance consumer protection, education and access to credit union service. - Results of the 11/19/2009 NCUA Board Meeting are available
- Media Advisory – NCUA Board Approves 2010 Budget to Strengthen Supervision
The NCUA Board today unanimously approved a 2010 budget designed to strengthen supervision as troubled credit unions are projected to continue growing both in number and size. - Media Advisory – NCUA Board Proposes Landmark Corporate Reforms
The National Credit Union Administration (NCUA) Board today unanimously issued a proposed rule to reform the corporate credit union system by establishing a comprehensive new framework for safety and soundness. The proposed reforms are intended to enhance NCUA regulatory oversight and address deficiencies in the current rule. - Draft Items for the 11/19/2009 NCUA Board Meeting are available
- Media Release – NCUA Issues Prohibition Orders
The National Credit Union Administration Board has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution. - Media Release – Angela Sanders Named Assistant to Chairman Matz
November 17, 2009, Alexandria, Va. – Angela M. Sanders has joined the National Credit Union Administration as staff assistant to Chairman Debbie Matz. - Joint Agency Release – Federal Regulators Issue Final Model Privacy Notice Form
November, 17, 2009 – Federal Regulators Issue Final Model Privacy Notice Form Eight federal regulatory agencies today released a final model privacy notice form that will make it easier for consumers to understand how financial institutions collect and share information about consumers. - Media Advisory – Statement from NCUA Chairman Matz on Progress since November 5 Meeting on Corporate Credit Union Capital Depletion
November 16, 2009, Alexandria, Va. – “Earlier this month I convened a meeting in NCUA’s Central Office where NCUA staff and corporate credit union representatives had a substantive face-to-face discussion on the issue of capital depletion. Every day since that November 5th meeting, we have been continuing the dialogue both internally and externally to carefully weigh the issues and considerations raised by stakeholders.” - Media Advisory – Agenda Released for Member Business Lending Webinar
November 13, 2009, Alexandria, Va. – National Credit Union Administration (NCUA) Board Member Gigi Hyland will host a webinar on Wednesday, November 18, 2009 entitled “Member Business Lending: Regulators’ Perspective.” The webinar