The community charter report identifies community conversions, expansions, and new community charters approved under IRPS 99-1, as amended by IRPS 00-1 and IRPS 01-1 or, after May 15, 2003, under IRPS 03-1.

The Underserved Area Report identifies the number of Underserved Areas approved and the number of credit unions expanding into underserved areas. The report is presented in a year-to-date format and is updated quarterly.

The Trade, Industry, or Profession (TIP) Report identifies all the TIPs approved under IRPS 03-1. The report will be presented in a year-to-date format and is updated quarterly.

The Multiple Common Bond Expansion Report identifies the number of select group expansions approved, deferred and denied for federal credit unions. The report is presented in a year-to-date format and is updated monthly.

The federal bank, thrift, and credit union regulatory agencies today announced the publication of a new resource that can help consumers make more informed choices when considering nontraditional mortgage loans.

The National Credit Union Administration (NCUA) Executive Director J. Leonard Skiles announced today at NCUA’s Budget Briefing and Public Forum he expects the 2007 budget to reflect a 0.82 percent increase, an overhead transfer rate reduction from 57 to 54 percent, and a modestly reduced operating fee rate. The NCUA Board is expected to consider the 2007 budget at its November 16 meeting.

The National Credit Union Administration (NCUA) has moved to assist credit unions and their members in areas affected by the 6.7 magnitude earthquake that struck the Big Island of Hawaii Sunday morning, October 15, and registered as many as 68 aftershocks. The result was a blackout and sporadic damage.

The National Credit Union Administration (NCUA) has been moving to assist credit unions and their members in areas affected by the recent lake effect snowstorm in Buffalo, New York.

The September Insurance Report of Activity is available

National Credit Union Administration (NCUA) Vice Chairman Rodney E. Hood announced today at VACORP’s Financial Strategies Conference that the Honorable Susan Schmidt Bies, member of the Board of Governors of the Federal Reserve System will serve as the Keynote Speaker at the upcoming Risk Mitigation Summit. Hood was addressing a gathering of Virginia Credit Union CEO’s in Williamsburg.