NCUA Recently Posted Information
Items recently posted to the NCUA web site

• Media Advisory - NCUA Backs Consumer Hotline
  Alexandria, Va. December 12, 2007- National Credit Union Administration Executive Director J. Leonard Skiles told Congress that while NCUA supports legislative proposals to facilitate consumer contact with federal agencies, the Agency also wants to ensure that NCUA continues to have direct responsibility over inquiries regarding credit unions.
• Media Release - NCUA Issues Prohibition Orders
  Alexandria, Va., December 10, 2007 – The National Credit Union Administration Board has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.
• Agenda for the 12/13/2007 NCUA Board Meeting is available
  Agenda for the 12/13/2007 NCUA Board Meeting is available
• Media Advisory - NCUA Vice Chairman Rodney E. Hood's Statement Regarding Michael Fryzel's Nomination To NCUA Board
  December 5, 2007 - National Credit Union Administration Vice Chairman Rodney E. Hood issued the following statement regarding Michael Fryzel's nomination to the NCUA Board.
• Media Advisory - Hyland Urges Proactive, Balanced Approach on Mortgages
  Alexandria, VA. December 6, 2007 -- National Credit Union Administration (NCUA) Board Member Gigi Hyland told Congress today that NCUA favors a balanced approach to restructuring of home mortgages that allows for "prudent workout arrangements" that "benefit both credit unions and their members."
• Board Member Hyland Introduces NCUA-IRS VITA Program Webcast
  Alexandria, Va., December 5, 2007 -- National Credit Union Administration (NCUA) Board Member Gigi Hyland followed an Access Across America program, which included a panel on Volunteer Income Tax Assistance (VITA), she hosted in March 2007 with a collaborative NCUA, U.S. Department of Housing and Urban Development and U.S. Internal Revenue Service (IRS) webcast in November. The webcast focused on credit union opportunities to provide free tax preparation service for members.
• Chairman Johnson's Statement Regarding the President's Intent to Nominate Michael E. Fryzel to the NCUA Board
  Chairman Johnson's Statement Regarding the President's Intent to Nominate Michael E. Fryzel to the NCUA Board
  Alexandria, Va., November 30, 2007 -- NCUA Chairman JoAnn Johnson issued the following statement regarding President Bush's announcement today that he intends to nominate Michael E. Fryzel of Illinois to be a Member of the National Credit Union Administration Board, with a subsequent designation to be Chairperson.
• Final Regulation 12 CFR 701.23 - Purchase, Sale, and Pledge of Eligible Obligations
  Final Regulation 12 CFR 701.23 - Purchase, Sale, and Pledge of Eligible Obligations
• The Peer Average Ratios for September 2007 are now available
  The Peer Average Ratios for September 2007 are now available
• Media Release - Credit Unions Making Strides in American Indian and Alaskan Native Communities
  Alexandria, Va. November 20, 2007 – National Credit Union Administration Chairman JoAnn Johnson used President George W. Bush’s designation of November as National American Indian Heritage Month to highlight initiatives aimed at expanding credit union service to Native American and Alaskan Native Communities.
• Media Release - Loan and Share Growth Continues
  Alexandria, Va., November 20, 2007 – Federally insured credit unions reported strong asset and share growth through September 30, 2007, according to third-quarter 2007 Call Report data submitted by the nation’s 8,163 federally insured credit unions.
• Draft Items for the 11/15/2007 NCUA Board Meeting are available
  Draft Items for the 11/15/2007 NCUA Board Meeting are available
• Jeremy Carl Joins NCUA Public and Congressional Affairs Team
  November 14, 2007, Alexandria, VA - National Credit Union Administration (NCUA) Chairman JoAnn Johnson today announced that Jeremy Carl has been appointed Associate Director of External Affairs.
• Agencies Issue Final Rules on Identity Theft Red Flags and Notices of Address Discrepancy
  WASHINGTON - The federal financial institution regulatory agencies and the Federal Trade Commission have sent to the Federal Register for publication final rules on identity theft "red flags" and address discrepancies. The final rules implement sections 114 and 315 of the Fair and Accurate Credit Transactions Act of 2003.
• Agenda for the 11/15/2007 NCUA Board Meeting is available
  Agenda for the 11/15/2007 NCUA Board Meeting is available
• Board Member Hyland Encouraged by Success of SBA Patriot Express Loan Initiative
  November 8, 2007, Alexandria, VA – National Credit Union (NCUA) Board Member Gigi Hyland pointed to the early success of the Patriot Express Loan initiative, administered by the U.S. Small Business Administration (SBA), as an example of both the positive outcomes possible when NCUA and other federal agencies collaborate, as well as the opportunities available to credit unions from federal outreach programs. Patriot Express supports veterans, service-disabled veterans and Reserve members by building on the more than one billion dollars in loans already guaranteed by the SBA on an annual basis to the military community.
• NCUA Posts Record CDRLF Loan Volume
  November 8, 2007, Alexandria, Va. -- The National Credit Union Administration (NCUA) Community Development Revolving Loan Fund (Fund) announced today it has reached its threshold. The Fund has processed 40 loans totaling over $7 million during 2007, and total Fund lending now exceeds $13 million. This is the largest number of loans approved by the Fund in a single year and totals the largest amount of loans ever recorded.
• Media Release - NCUA and NTEU Reach Bargaining Agreement
  November 7, 2007, Alexandria, Va. -The National Credit Union Administration (NCUA) completed negotiations with the National Treasury Employees Union (NTEU) Chapter 303 on the first collective bargaining agreement for NCUA employees on Thursday, November 1, 2007. The 3-year contract provides the framework of working conditions for the NCUA bargaining unit, which includes field examiners and office employees.
• NCUA Closes Green Tree Federal Credit Union
  Alexandria, VA, November 2, 2007 - The National Credit Union Administration (NCUA) Board today liquidated the insolvent Green Tree Federal Credit Union, a $7 million association based credit union in Feasterville, Pennsylvania, that served Friends of Briar Bush, a nonprofit nature conservancy located in Glenside, Pennsylvania.
• NCUA and IRS Offer VITA Partnership Webcast
  Alexandria, VA, November 2, 2007 - The National Credit Union Administration (NCUA) is partnering with the U.S. Internal Revenue Service (IRS) to present a live Volunteer Income Tax Assistance (VITA) Partnership webcast November 14, 2007, from 1:00 p.m. to 2:30 p.m. EST.
• CAL State 9 Credit Union Is Placed Into Conservatorship
  November 2, 2007, Alexandria, Va. -- The National Credit Union Administration (NCUA) today assumed control of the operations of Cal State 9 Credit Union, a state-chartered, federally insured, community-based credit union in Concord, California.
• Media Release - California Credit Unions Resume Operations
  Alexandria, Virginia, October 25, 2007 – The National Credit Union Administration (NCUA) Region V office examiners stationed in California have contacted all credit unions located in the fire damaged areas of Southern California and at noon (Pacific time) today most credit unions have returned to operations as normal.
• Media Release - NCUA External Affairs Deputy Moves to Treasury
  October 25, 2007, Alexandria, VA – National Credit Union Administration (NCUA) Associate Director of Ext