WASHINGTON-An impasse between the House and Senate on depositinsurance reform may have been surmounted, according to a NAFCUlobbyist. "It looks like they have come to some sort of compromisethat the Senate and the House can both live with," NAFCU AssociateDirector of Legislative Affairs Dillon Shea told reporters lastweek. "We're not sure actually what the terms are that they cameto, but we have heard that they've been able to work something outand that they might be able to move forward on that." The keydifference between the House and Senate versions of the legislationover the last couple of years has been whether to increase federaldeposit insurance coverage and by how much. The credit union tradeshave not lobbied for the bill other than to support equal treatmentbetween the Federal Deposit Insurance Corporation and the NationalCredit Union Share Insurance Fund. The Federal Deposit InsuranceReform Act (H.R. 1185), sponsored by House Financial Institutionsand Consumer Credit Subcommittee Chairman Spencer Bachus (R-Ala.),passed the House earlier this year by a vote of 413-10. The Safeand Fair Deposit Insurance Act of 2005 (S. 1562), introduced July29, has not seen Senate action yet.