Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Register now for todays CU HARP CU SIP webcast
ALEXANDRIA, Va. (12/16/08)--Credit unions now can register for a no-charge audio webcast focusing on details of the two newly announced National Credit Union Administration (NCUA) programs to assist credit union mortgage holders and corporate credit unions. It happens today at noon ET. The audio webcast will offer credit unions information about how they can participate in the "Credit Union Homeowners Affordability Relief Program (CU HARP)" and the "Credit Union System Investment Program (CU SIP)." The NCUA, Credit Union National Association (CUNA), state leagues and the National Association of Federal Credit Unions are hosting the event. The new time is a change from last week's CUNA announcement. It is in response to high demand for the one-hour event. The NCUA programs are designed, respectively, to lower monthly mortgage payments for struggling low- and moderate-income credit union members, and to free up collateral pledged by corporate credit unions and thereby provide increased contingent borrowing capacity. Both programs rely on the NCUA-administered Central Liquidity Facility (CLF) to provide funding. The CUNA program will feature two NCUA officials:
* CLF President Owen Cole, and * CLF Vice President Steve Sherrod.
The two federal officials will present details of the two programs and answer questions from conference participants. Use the resource link below to register.
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
2 hours ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
3 hours ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
5 hours ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
5 hours ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
6 hours ago