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News Now

Washington
Inside Washington (03/07/2008)
* ALEXANDRIA, Va. (3/10/08)--The National Credit Union Administration’s Office of Small Credit Union Initiatives (OSCUI) joined other federal agency representatives last week to discuss financial education needs in African-American communities. The roundtable was the third in a series of four discussions held as part of the Financial Literacy and Education Commission's implementation of the National Strategy for Financial Literacy. Adrienne Munroe, of OSCUI, summarized NCUA's financial education programs, stressing that both NCUA and credit unions have historically been dedicated to bringing financial services to those with limited access to the financial mainstream… *WASHINGTON (3/10/08)—In a report to the Federal Deposit Insurance Corp.'s (FDIC) board of directors, the agency’s inspector general urged that a bank's commercial real estate (CRE) risk should be noted more prominently in exams. The inspector general said the FDIC should require more examination reports to include a specific page showing the level of CRE loan concentrations. The inspector general said the FDIC should require a specific page on the level of CRE loan concentrations in more examination reports (American Banker March 7)…


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