Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA looks at loan participations liquidity today
ALEXANDRIA, Va. (12/15/11)--Loan participation issues and credit unions' access to liquidity will lead the agenda when the National Credit Union Administration (NCUA) holds its December monthly board meeting today.

NCUA Chairman Debbie Matz earlier this year said the agency would develop a new loan participation protection rule covering both originators and buyers to require originators to retain some of the original loan risk on their balance sheets, and require buyers to do more due diligence.

Regulatory Flexibility, the final version of a proposed NCUA corporate credit union proposal, the NCUA's strategic plan for the years 2011 through 2014, the 2012 Annual Performance Budget, the 2012 Budget for NCUA Guaranteed Note Securities Management and Oversight, and National Security Delegations of Authority are also on the agenda.

The NCUA will also respond to Virginia-based Henrico FCU's request to expand its community charter during the meeting, and the monthly insurance fund report will also be presented during the open portion of the board meeting.

For the full NCUA agenda, use the resource link.
Other Resources

RSS print
News Now LiveWire
Tech. advances don't dampen consumer #cybersecurity concerns #NewsNow http://t.co/HNn4Hojadv
7 hours ago
.@TheNCUA board unanimously voted today to designate board member Rick Metsger as vice chairman, effective immediately.
8 hours ago
We really want to hear from our readers. Please take the News Now survey: http://t.co/BYiQ5vr5Ob
10 hours ago
Advanced technologies don't quell cybersecurity fears #NewsNow http://t.co/ZJ20bimRvv
10 hours ago
.@CentralMaineCom reports #creditunions have issued thousands of new cards to proactively protect members from Home Depot data breach.
11 hours ago