Mary Ann Woodson

• NCUA Board Approves TIPS Investments and Larger Rural Districts

  By Heather Anderson  |  February 21, 2013

  The NCUA Board approved two new rules during its February meeting Thursday that expand investment powers and field of membership reach.

• NCUA Eliminates Credit Ratings For Investment Decisions: Onsite Coverage

  By Heather Anderson  |  December 6, 2012

  ALEXANDRIA, Va. — A final rule approved Thursday by the NCUA Board eliminates use of credit ratings as standards of investment creditworthiness.

• NCUA Approves 6% Budget Hike

  By David Morrison  |  November 21, 2012

  The NCUA Board voted at its Nov. 15 meeting to increase its fiscal year 2013 budget by 6.1% from that of fiscal year 2012. But it voted to leave other numbers associated with the budget, the overhead transfer rate and operating fee for federal credit unions, largely unchanged.

• NCUA Board Approves 6.1% Budget Increase: Onsite Coverage

  By David Morrison  |  November 15, 2012

  ALEXANDRIA, Va. — Fiscal year 2013 budget approved at $251.4 million, continuing string of annual spending increases.

• CAMELs Drive Down SIF Reserve

  By Heather Anderson  |  October 22, 2012

  NCUA Chairman Debbie Matz and Board Member Michael Fryzel stuck to a controversy-free agenda during the agency’s October board meeting last week.

• Improving CAMEL Scores Prompt Reduction of SIF Reserves: Onsite Coverage

  By Heather Anderson  |  October 18, 2012

  ALEXANDRIA, Va. — The NCUSIF was hit with $147.2 million in insurance losses during the third quarter, the NCUA Board learned at Thursday’s board meeting.

• Onsite Coverage: NCUA’s $2 Million Surplus Will Be Applied to 2013 Budget

  By Heather Anderson  |  July 24, 2012

  ALEXANDRIA, Va. — The NCUA Board Tuesday approves adjustment to 2012 operating budget that will apply $2 million in savings to 2013 spending.

• TDR Burdens Eased, RegFlex Expanded by NCUA Board

  By Heather Anderson  |  May 29, 2012

  Final rules passed at the NCUA board meeting May 24 include the extension of regulatory flexibility standards to all credit unions, and new rules for troubled debt restructuring that will require written loan workout and nonaccrual policies.

• New NCUA Rules Require Written TDR Policies, Ease Reporting Burdens: Onsite Coverage

  By Heather Anderson  |  May 24, 2012

  ALEXANDRIA, Va. — The NCUA Board extended regulatory flexibility standards but required written loan workout policies for troubled debt restructuring by Oct. 1.

• NCUA Board Caps CU Loan Participations

  By Claude R. Marx  |  December 18, 2011

  ALEXANDRIA, Va. — The NCUA giveth and the NCUA taketh away. At its Dec. 15 meeting the agency’s board proposed placing more restrictions on loan participations while granting credit unions greater flexibility in other areas.