Archive for November, 2006

Regulatory Alert Regulation D Amendment to the annual indexing of the reserve requirement exemption amount and the low reserve tranche for 2007 - Advises Credit Unions of the recent changes to the annual indexing of the reserve requirement exemption amount and the low reserve tranche for 2007.

National Credit Union Administration (NCUA) Board Member Gigi Hyland was the featured speaker on Saturday, November 18 in Queens, New York before the 19th Small Credit Union Workshop, sponsored this year by NCUA. Hyland stressed that she wanted to provide Workshop participants with “practical information to help you when you go back to your credit unions.

This is an opinion of the NCUA Office of the General Counsel addressing Use of Automated Valuation Methods

NCUA is amending its rules to implement amendments to the Federal Credit Union Act (FCU Act) made by the Financial Services Regulatory Relief Act of 2006 (Reg Relief Act).

Chairman JoAnn Johnson today announced the creation of a new task force to be headed by Board Member Gigi Hyland to provide a better understanding of and evaluation of the NCUA’s outreach efforts.

NCUA is revising the official sign indicating a credit union’s share accounts are insured by the NCUA to reflect recent share insurance increases and by including a statement that NCUA-insured share accounts are backed by the full faith and credit of the United States Government.

2007 NCUA Annual Performance Budget is available

Results of the 11/16/2006 NCUA Board Meeting

The October Central Liquiditiy Fund Report is available

The October Insurance Report of Activity is available