WASHINGTON-CUNA is making extra efforts this year to encourage credit unions to send representatives to its annual Governmental Affairs Conference (GAC) February 24 through the 27 in Washington, D.C. CUNA Senior Vice President of Communications Mark Wolff, who is in charge of the conference, said that CUNA is trying some...

By SARAH SNELL COOKE CU Times Washington Reporter WASHINGTON-In the roller coaster ride that is Washington politics, President George W. Bush made two recess appointments to fill the open slots on the NCUA Board the day Congress returned to work. Iowa State Senator JoAnn Johnson and United Nations Official Deborah...

By SARAH SNELL COOKE CU Times Washington Reporter WASHINGTON-The National Community Reinvestment Coalition (NCRC) filed a federal lawsuit last week challenging the NCUA's repeal of the Community Action Plan (CAP), which would have required community-based credit unions to supply NCUA with a plan of how it intended to serve its...

By SARAH SNELL COOKE CU Times Washington Reporter ALEXANDRIA, Va.-Pursuant to NCUA Chairman Dennis Dollar's Accountability in Management (AIM) program, the agency's structure has already undergone some streamlining alterations. Beginning on January 14, the Office of Investment Services (OIS) and the Office of Strategic Planning were combined to form the...

WASHINGTON-CUNA, NAFCU, and other financial services interest groups met last week with House Financial Services staff about the regulatory relief package that Chairman Mike Oxley (R-Ohio) tried to jumpstart last fall. Reg relief issues were placed on the back burner following the attacks of September 11. However, the House Financial...

FAIRFAX, Va.-In a recent speech to the Northern Virginia Chapter of Credit Unions, NCUA Chairman Dennis Dollar reassured attendees that even with one board member, the agency was up and fully functioning. He has been the sole board member since December 21 of last year when YolandaWheat was told by...

ALEXANDRIA, Va.-While NCUA Chairman Dennis Dollar made it clear that he had the authority to act on agenda items at the January Board meeting, he explained that he felt it inappropriate to cast any votes as the lone board member. The Bush administration has yet to make recess appointments for...

WASHINGTON-In a recent letter, NAFCU praised NCUA's efforts to streamline the select employee group (SEG) approval process and noted the agency's successes. Agency efficiency has been the hallmark of NCUA Chairman Dennis Dollar's time in the head position and credit unions have been highly receptive to the idea. "In bringing...