National Credit Union Administration Chairman Debbie Matz on Monday previewed the agency’s upcoming regulatory actions, saying that plans to address corporate credit unions and a determination of the National Credit Union Share Insurance Fund assessment are all on the near-term agenda.

Consumers need to find a way to join a credit union to be able to enjoy all the great resources they offer, said an ABC News correspondent Monday.

With the Monday morning passing of long-serving West Virginia Senator Robert Byrd (D), the exact schedule of events on Capitol Hill remains fluid.

Consumers who are tired of large banks should check out credit unions, the Los Angeles Times said Sunday.

Members United Corporate FCU saw an improvement in its other-than-temporary-impairment figures as of May 31, according to its unaudited financials posted this week. week. It did not record any OTTI charges during May.

The Credit Union Association of New York has secured passage of state legislation that allows insurance companies to deposit their funds in New York State credit unions.

The Federal Reserve on Monday announced that it will revise its Payment System Risk policy for all depository institutions in 2011.

The Worldwide Foundation for Credit Unions, the charitable and gift-receiving arm of World Council of Credit Unions (WOCCU), has taken its annual auction online this year. Shoppers worldwide will bid online on contributed auction items to help raise funds for global credit union development work.

June 29, 2010, Alexandria, Va. – The National Credit Union Administration (NCUA) today announced that
two-thirds of the 111 applications it received to the Community Development Capital Initiative (CDCI)
have been reviewed, with a majority of these being forwarded to the US Department of the Treasury (Treasury)
for funding determination.

June 28, 2010, Alexandria, Va. – The National Credit Union Administration (NCUA) today posted online the
second of three explanatory tracks to help credit unions better understand the history and prevailing
situation involving the nation’s corporate credit union system.