Archive for April, 2007

The National Credit Union Administration (NCUA) is issuing a proposed rule on member inspection of federal credit union (FCU) books, records, and minutes.

NCUA is issuing a proposed rule on mergers to require all federally insured credit unions to include in the merger plan submitted to NCUA a description of any arrangements providing a material increase in compensation or benefits to senior management officials in connection with the merger.

The federal bank, credit union, and thrift supervisory agencies, along with the Department of Housing and Urban Development, announced today the availability of the 2006 home loan data disclosed under the Home Mortgage Disclosure Act (HMDA). Lenders are required to make these data available to the public, within thirty days after receiving a request, in the form of a Loan Application Register, after removing certain information to protect the privacy of applicants and borrowers.

Draft Items for the 4/12/2007 NCUA Board meeting are available

The Department of Defense has published a proposed regulation to implement 10 U.S.C. § 987 in the Federal Register for public comment. National Credit Union Administration (NCUA) Chairman JoAnn Johnson has issued the following statement:

New Horizons Community Credit Union (NHCCU), a state chartered federally insured credit union located in Denver, Colo., and operating under conservatorship of the National Credit Union Administration, is notifying members of a potential breach of confidential member loan information.

The National Credit Union Administration (NCUA) has approved a charter and low-income designation for CR Community First Federal Credit Union of Eagle Butte, South Dakota.

The National Credit Union Administration (NCUA) has approved a charter and low-income designation for CR Community First Federal Credit Union of Eagle Butte, South Dakota.

The month of April, 2007, has been recognized as “Financial Literacy Month.” National Credit Union Administration (NCUA) Chairman JoAnn Johnson has issued a statement.

The NCUA Newsletter for April 2007 is available