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On-Site Coverage: NCUSIF Equity Ratio Stays At 1.28%

By Claude R. Marx

ALEXANDRIA, Va. - Despite the market's volatility and three credit union failures last month, the NCUSIF's equity ratio stayed at 1.28%, NCUA Chief Financial Officer Mary Ann Woodson told the NCUA Board today.

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On-Site Coverage: Fryzel Urges Senators to Keep NCUA Independent

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NCUA's Marquis and Two CU CEOS to Testify on Share Insurance

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Regulatory & Compliance Stories

March 17, 2009

Fed to Buy Additional Treasury Securities to Help Stimulate Economic Activity

The cost of mortgages and other loans could decline as a result of today's decision by the Federal Reserve to buy up to $300 billion of Treasury securities during the next six months and an additional $750 billion worth of mortgage-backed securities.

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March 16, 2009

Dodd Could Face Serious Challenge for Re-election Next Year

In addition to having to help get the country out of a recession, Senate Banking Committee Chairman Christopher Dodd (D-Connecticut) could have another challenging: fighting for his political life.

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March 15, 2009

Obama Administration to Increase Access to Small Business Loans

In a move to free up more capital that it hopes will jumpstart the economy, the Obama administration today announced a program to increase the amount of small business loans made by credit unions and other lenders.

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March 15, 2009

CUNA Poll Finds Support for Requesting TARP Funds as a Backup

A majority of credit unions support asking the government to make money available as a backup to the NCUA's deposit guarantee, according to a poll released today by CUNA.

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March 15, 2009

NCUA Gives CUs Letter to Ensure Their Members of Deposit Safety

In effort to assure nervous consumers about the safety of their financial institutions, the NCUA today sent a letter explaining to members the agency's corporate credit union stabilization plan.

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March 12, 2009

Fryzel and NASCUS Chairman Reynolds to Discuss Regulatory Restructuring in Senate Testimony

NCUA Chairman Michael E. Fryzel and NASCUS Chairman George Reynolds are both scheduled to discuss their views on how best to structure the regulation of financial services during a hearing next Thursday being held by the Senate Banking Committee.

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March 12, 2009

NCUA to Discuss Overdraft Rules, Community Charter Request and Insurance Fund

The NCUA plans to issue rules on overdraft protection to align its rules with those of the Federal Reserve and other financial regulators at its meeting next Thursday.

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