News Now LiveWire
 Through 3rd quarter, NCUA reports CU net income down 15.7% and provision for loan & lease losses up 71.9%: MORE: http://tinyurl.com/5bo9xa 3 hours ago
FDIC unveils mortgage loan "Mod in a Box" program based on IndyMac model. More: http://tinyurl.com/668sut 20 hours ago
Fannie Mae to suspend foreclosures until January 2009 while streamlined mods program is implemented. More: http://tinyurl.com/5m989m 21 hours ago
Next and final item on this morning's NCUA Board agenda: NCUSIF report. 1 day ago
With some changes to proposal, NCUA adopts IRPS updating and clarifying process of approving CU service to underserved area. 1 day ago
more...
November 21, 2008
NCUA accelerates to 12-month exam schedule
Washington
Extraordinary economic times and an incumbent need to be proactive rather than reactive in credit union regulation spurred the National Credit Union Administration to approve an accelerated schedule for risk-based examinations. 
CU service to underserved: Rule change
Washington
Final changes to the National Credit Union Administration's process of approving multiple group credit unions' service to underserved areas are a significant improvement from the agency's original proposal, according CUNA.
Low-income standard broadened NCUA under plan
Washington
As it adopted a plan to broaden its rule on low-income designation, the NCUA Thursday approved changes to its original plan that are intended to provide greater clarity to the process.
Approved NCUA budget has 12.1% increase for 2009
Washington
The NCUA Board during its monthly November meeting approved the final fiscal year 2009 budget and the initial year 2010 budget. The board also increased the overhead transfer rate, and learned the NCUSIF equity level is projected to be 1.27 at year's end.
Holiday spending survey to be released Monday
CU/System
The ninth annual consumer survey on holiday spending plans and concerns about debt levels will be released Monday by the Consumer Federation of America and CUNA.
What CUs can do to thwart robberies
CU/System
With a troubled economy and the arrival of the holiday season, what can credit unions do to thwart robberies in an environment in which crime sometimes goes up? The biggest key is awareness, an industry crime expert said.
Dow Jones: CUs out front in aid to homeowners
CU/System
Credit unions have been out in front of the curve, being aggressive in helping troubled homeowners for the past several months, while the bigger lenders have just increased their efforts in recent weeks, according to a Thursday Dow Jones article.
H&FF Radio guests include NCUA official, tax experts
Consumer
This Sunday's H&FF Radio show lineup of guests includes National Credit Union Administration board member Gigi Hyland discussing how higher share insurance limits benefit consumers. Other guests give end-of-year tax and charitable giving tips.
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