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News Now

Washington
NCUA adds corporate CU liquidity item to agenda
ALEXANDRIA, Va. (9/23/09)--The National Credit Union Administration (NCUA) on Tuesday added discussion of its Temporary Corporate Credit Union Liquidity Guarantee Program to the agenda for the open portion of its next board meeting, which is scheduled for 10 a.m. on Thursday in Alexandria. Among the items up for consideration during the open portion of the meeting, which will be the first under new NCUA Chairman Deborah Matz, are the National Credit Union Share Insurance Fund premium and stabilization fund assessment. The NCUA has said that the premium charged to credit unions should only be around .15 percent. The NCUA’s Central Liquidity Fund policies will also be discussed during the meeting, which will be the first under new NCUA Chairman Deborah Matz. A report on the status of the NCUA’s insurance fund is also on the agenda. Supervisory activities and personnel matters will be discussed during the closed portion of the meeting.


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