The December issue of NCUA NEWS Newsletter summarizes November Board meeting results and includes the newly adopted NCUA insurance sign. The 2007 NCUA budget, NCUSIF overhead transfer rate and operating fee are discussed in the cover article.

National Credit Union Administration (NCUA) Chairman JoAnn Johnson will serve as a Featured Speaker at the Regional Conference on Reaching Unbanked People, scheduled for Monday, December 4, in Edinburg, Texas at the University of Texas – Pan American.

National Credit Union Administration (NCUA) Executive Director J. Leonard Skiles has selected John E. Kutchey as Director of Risk Management.

This is an opinion of the NCUA Office of the General Counsel addressing Member Business Loan Requirements for Constructing Boats

NCUA’s official sign has been amended by changes to NCUA’s Rules and Regulations, Part 740. This Letter to Credit Unions discusses the changes and the required compliance dates.

Peer average ratios for September 2006 are now available when you request Financial Performance Reports (FPRs) for single charters.Users may view 2 summary pages of the FPR online or request a more detailed FPR be sent via email. You may also request aggregate FPRs as of September 2006 at this time. Please note that the ratios on aggregate FPRs are consolidated ratios for the group of credit unions included in the report and do not represent peer averages for that group.<

September 2006 data files are available

Credit union expansion continued through the third quarter of 2006.

Every day, hundreds of people are after your information. In August, 2005, nearly 14,000 phishing attempts were reported, and that doesn’t even count the unreported ones. Identity theft as a whole has claimed 27 million victims in five years, with over $5 billion in out of pocket expenses for consumers.

Fortunately, you can protect yourself. What’s even better, it’s not rocket science.

CUSecure is here to provide you with basic information about that very topic: what to do to guard against phishing, and what to do if you’ve fallen victim.

The staff at CUSecure works in the credit union industry every day, dealing with phishing and account fraud all the time. We know this stuff, and it’s the information we use ourselves.