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Washington
Corporates 2012 budget topics at Nov. 9 NCUA webinar
ALEXANDRIA, Va. (10/18/11)--The continuing corporate credit union system resolution, the status of the National Credit Union Share Insurance Fund, and the agency’s 2012 budget will be up for discussion during a Nov. 9 National Credit Union Administration (NCUA) online town hall. The hearing, which is scheduled to begin at 3 p.m. (ET) on Nov. 9, will be open to “the entire credit union industry” and members of the media, the NCUA reported. NCUA Chairman Debbie Matz and other NCUA staff will take questions from attendees, and questions may be submitted ahead of time, the NCUA said. Matz said she remains committed “to providing transparency about NCUA initiatives and continuing an open dialog with credit union stakeholder,” and encouraged “credit union professionals and volunteers to participate in these important discussions.” The webinar will also cover the NCUA’s Regulatory Modernization Initiative. The town hall webinar is the third to be scheduled this year. The NCUA earlier this year held webinars on its voluntary Corporate Stabilization Fund assessment prepayment plan, troubled debt restructured (TDR) loans, and allowance for loan and lease loss-related exam issues and interagency supervisory policies. The webinar will be archived on the NCUA website about two weeks after the event for those who cannot participate in the live session.
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