Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Fryzel notes agency Hill agenda
WASHINGTON (3/12/09)—At a state and federal credit union regulators’ annual meeting this week, National Credit Union Administration (NCUA) Chairman Michael Fryzel said his agency continues to seek from Congress “all necessary tools for to deal with the stresses on the credit union industry.” Fryzel was addressing the annual NCUA/National Association of State Credit Union Supervisors (NASCUS) three-day National Regulators Conference in Chicago, Ill. He said his agency has been pressing its case for increased borrowing authority for the National Credit Union Share Insurance Fund, as well as an extension of the premium repayment period, with federal lawmakers. “Now, more than ever, credible, straightforward and level-headed approaches to Congress are essential. Neither NCUA nor the industry can afford to mischaracterize the situation facing credit unions. There are problems in the industry, but there are also solutions if we work together,” Fryzel told the gathering. A NASCUS release noted that nearly 80 state regulators attended the meeting with NCUA board members, regional directors and staff, and NASCUS representatives.


RSS





print
News Now LiveWire
Middle-class families walking a tightrope with little savings @pewresearch HT @CNNMoney http://t.co/Pfu2KHASZa
11 hours ago
.@CUNA's @SchenkMike on @federalreserve meeting: http://t.co/Ry39vjWdA1
12 hours ago
#creditunion cites prize-linked savings success in @WSJ http://t.co/3CXupUMx5d
14 hours ago
.@CFPB proposes mtg rule changes 2 facilitate responsible lending by small creditors, esp. in rural/underserved areas.http://t.co/sn6PnlS0EB
16 hours ago
#NewsNow Apple Pay interest booming at CUs, Western Union joins http://t.co/LsaoOYzAPx
17 hours ago