Archive for November, 2008
Alexandria, Va., August 22, 2007 Federally insured credit unions reported solid asset and share growth through June 30, 2007, according to mid-year 2007 call report data submitted by the nations 8,238 federally insured credit unions.
Alexandria, Va., August 21, 2007 The National Credit Union Administration (NCUA) has contracted with AT&T Wireless to issue cellular phones to all field examiners in the near future.
August 17, 2007 – National Credit Union Administration (NCUA) Board Member Gigi Hyland hosted the fifth of six Outreach Task Force Meetings on Wednesday in Denver, CO. Over 100 participants from seven different states, including Arizona, Colorado, Nebraska, Nevada, New Mexico, Utah, and Wyoming attended the meeting.
Proposed Joint Regulation – Proposed Illustrations of Consumer Information for Subprime Mortgage Lending
The federal financial regulatory agencies today issued proposed illustrations of consumer information for certain adjustable-rate mortgage (ARM) products described in the agencies Statement on Subprime Mortgage Lending (Subprime Statement), effective July 10, 2007. The Subprime Statement recommends communications that ensure consumers have clear, balanced, and timely information about the relative benefits and risks of certain ARM products. The illustrations are intended to assist institutions in providing this information.
August 10, 2007, Alexandria, VA National Credit Union Administration (NCUA) Board Member Gigi Hyland participated in a podcast this week to address the latest best practices credit unions may consider in order to protect their members from data breaches and security risks.