Looking back six years ago finds a flurry of last minute lobbying efforts by NCUA and credit union trade associations paying off as the arcane $600 million Central Liquidity Facility cap was lifted by a House committee.

The House Appropriations Committee passed an amendment to its appropriation bill raising the CLF cap to $3 billion, with a provision that allows NCUA to expand beyond the $3 billion cap in an emergency situation as deemed by NCUA.

That issue also finds NCUA Board Member Yolanda Wheat introducing a "community action plan" that would require all federal community charter credit unions to document their service and marketing efforts to all segments of their FOM especially to low-income areas.

"I think it is a very appropriate part of this plan," said NCUA Chairman Norm D'Amours. "Especially dealing with the increasing number of community expansions.at least for my thinking, of resolving many of the difficult issues that have confronted this agency over the past three or four years, like overlaps, for instance. It's going to make it a lot easier for me to work with expanding credit unions to ensure they are doing what they are supposed to be doing-and that is reaching out to low-income segments and serving them."