ALEXANDRIA, Va.-Amidst a peppering of the usual community charter conversions, the NCUA Board will take up many contentious items in the remaining months of 2001. Every year the board must approve an overhead transfer rate, the agency budget, the operating fee scale, and the National Credit Union Share Insurance Fund...

WASHINGTON-In its efforts to make the Renaissance Commission recommendations "possible, plausible, and realistic," CUNA's Governmental Affairs Committee (GAC) has toned down some of the language initially included in the vision statements. Additionally, the list of 90 different recommendations initially used by CUNA staff to draft the report for the GAC...

WASHINGTON-The House Financial Services Committee was gearing up to mark up the "Financial Anti-Terrorism Act of 2001" (H.R. 3004) just after deadline. A similar bill was already approved unanimously by the Senate Banking Committee late last week and added to broader anti-terrorism legislation. The legislation is aimed at increasing the...

ALEXANDRIA, Va.-NCUA Chairman Dennis Dollar announced that the agency has scheduled an open Budget Briefing and Public Forum for NCUA's 2002 budget on November 1 at NCUA's Alexandria, Va. headquarters. The agency is inviting public comment at the hearing to be held in the agency boardroom from 2:00 to 4:30....

NORTH HIGHLANDS, Calif. - SAFE Credit Union President and CEO Henry Wirz knows first hand how important field of membership can be, even for a large CU. Wirz recently wrote CUNA to talk about this key topic in CUNA's Renaissance Commission report, and others. CUNA's Board is scheduled to vote...

WASHINGTON-In a report last year, Credit Union Times uncovered that credit unions claiming NCUA as their primary regulatory agency had the lowest record among financial institutions for completing the narrative portion of the Suspicious Activity Report (SAR), which helps law enforcement track money laundering, identity theft, and other financial frauds....

ARLINGTON, Va.-NCUA Director of Examination and Insurance Dave Marquis provided credit unions with some insightful information about the risk-based examination scheduling and risk-based examination via a NAFCU-sponsored audio-conference. NCUA Exam Programs are Changing: Hear what the experts have to say! drew a crowd of more than 100 credit unions curious...

WASHINGTON-After the terrorist attacks on the United States, military troops are being called into action. For the financial institutions of the armed forces personnel, this means adhering to the Soldiers and Sailors Civil Relief Act. The Act provides protections for individuals called into active duty immediately upon the date of...