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In a recent opinion piece, NCUA Board Member Yolanda Wheat hit the mark in asserting that splitting the credit union federal insurer from its regulator would cause much more harm than good ("Splitting NCUA/NCUSIF would create new problems," (CU Times, Dec. 12, 2001). In fact, she observes that if the...

ALEXANDRIA,Va. - There were two corporate CU items covered in NCUA's December closed board meeting. NCUA approved a request from U.S. Central to waive certain provisions of Part 704, the corporate reg. The waiver allows U.S. Central to invest in asset-backed commercial paper with a minimum short-term credit rating of...

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After two reschedulings due to date conflicts and Sept. 11's attacks, the NASCUS 2001 Annual Conference & Symposium got underway in Dana Point, Calif. Dec. 14-18. See pages 17-19.

By SARAH SNELL COOKE CU Times Washington Reporter ALEXANDRIA, Va.-In all the talk about the repeal of the Community Action Plan, it was easy to forget that anything else was accomplished at NCUA's December board meeting. In fact, several other items appeared on the agenda. The NCUA Board unanimously approved...

WASHINGTON-Congress is unlikely to formally adjourn until it is required to on Jan. 3, 2002, according to NAFCU Associate Director of Legislative Affairs Brad Thaler. Congress will probably remain in a pro forma session until that date, when it must adjourn and begin the second session. The move will make...

WASHINGTON-Former Director of the Office of Thrift Supervision Ellen Seidman will be starting full time in January as counsel to House Financial Services Committee Ranking Member John LaFalce (D-N.Y.). "It is an honor and a wonderful opportunity to join Mr. LaFalce and the Committee staff," Seidman said. "After many years...

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