October 29, 2008, Alexandria, Va. — The National Credit Union Administration (NCUA) Board has scheduled a special closed Board meeting for October 31, 2008, at 8 a.m. The meeting agenda is online at http://www.ncua.gov/NCUABoard/Calendars/board_calendar/board_calendar.html.

October 29, 2008, Alexandria, Va. — The National Credit Union Administration (NCUA) Board has scheduled a special closed Board meeting for October 31, 2008, at 8 a.m. The meeting agenda is online at http://www.ncua.gov/NCUABoard/Calendars/board_calendar/board_calendar.html.

If no longer restricted by a statutory business lending cap, credit unions likely could provide $10 billion of new credit to small businesses within the first 12 months of receiving new authority, according to the Credit Union National Association (CUNA).

The U.S. Treasury Department was urged by CUNA to support full share insurance coverage of non-interest bearing transaction accounts.

Credit unions are good places to go for a loan right now, according to a financial expert quoted in USA Today (Oct. 26).

As the Federal Reserve Board’s policymaking body heads into a two-day meeting today, most economists surveyed say they expect another interest rate cut to be announced Wednesday.

CUNA Chief Economist Bill Hampel Friday addressed last week’s unexpected increase in existing-home sales in an article published by the national MarketWatch (Oct. 24).

Credit Union League of Connecticut President/CEO Anthony L. Emerson recently addressed members of Personal Care America FCU, Trumbull, Conn., to discuss the effects of the economy and their account insurance.

Credit unions in four states report members and nonmembers have been hit with another round of e-mails and “robo-call” scams, aimed at tricking consumers out of their personal financial information.

Beginning Nov. 6 at 2 p.m. ET, those planning to attend the 2009 Credit CUNA Governmental Affairs Conference can reserve hotel rooms. The event happens Feb. 22-26 in Washington, D.C.