The September Community Development Revolving Loan Fund reports are available

Agenda for the 10/19/2006 NCUA Board Meeting is available

National Credit Union Administration (NCUA) Vice Chairman Rodney E. Hood visited Vision Financial Federal Credit Union this week and addressed a gathering of credit union managers and CEO’s from across the state of North Carolina.

The National Credit Union Administration (NCUA) has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.

NCUA Chairman JoAnn Johnson announced today the departure of Senior Advisor and Chief of Staff Holly Herman, effective November 10, 2006.

The newsletter contains a summary of the NCUA Board actions taken September 21, 2006.

Alexandria, VA, October 5, 2006 - National Credit Union Administration (NCUA) Chairman JoAnn Johnson hosted the second Access Across America Economic Empowerment Summit of 2006 in Norfolk, VA. on Tuesday. The summit highlighted resources available to credit unions in order to expand financial services to their members by partnering with federal agencies and non-profit organizations. Serving the unique needs of the military was emphasized throughout the summit.

The purpose of this Letter is to provide all Federally Insured CU with the final FFIEC Interagency Guidance on Nontraditional Mortgage Product risk and the Addendum to the May 2005 Interagency Credit Risk Management for Home Equity Lending guidance.

The House and Senate have both passed S. 2856, Financial Services Regulatory Relief Act of 2006. National Credit Union Administration (NCUA) Chairman JoAnn Johnson has issued the following statement: