Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA adds low risk asset discussion to agenda
ALEXANDRIA, Va. (10/19/10)--The National Credit Union Administration (NCUA) on Monday added discussion of an interim final rule that addresses the low risk asset definition in Section 702 to the list of items up for consideration during Thursday’s monthly board meeting. The NCUA last week officially announced that its NCUA Guaranteed Notes (NGNs) will carry a 0% risk weight and will be backed by the Federal government. The NCUA said that the NGNs, which will be offered on the open market this week, will be permissible investments for credit unions. The Agency will also release its national merger registry, which would provide the names of potential credit union merger partners, and discuss final rules on fixed assets and the regulatory flexibility (RegFlex) program during the meeting.


RSS print
News Now LiveWire
#FinancialLiteracyMonth Test your college financial aid knowledge @nasfaa http://t.co/xgrDmHaw8W
3 hours ago
Join @theNCUA #NCUAchat with @KenWortheyJr on April 23 from 11am to 12pm EST http://t.co/TnNmfFh4Nl #FinancialLiteracyMonth
5 hours ago
Maine's patent troll bill has become law. Read more in Monday in @NewsNowLiveWire
8 hours ago
Wash. DFI discusses serving legal marijuana businesses with @NWCUA http://t.co/3kw79HJUYF
8 hours ago
Both @CUNA @NAFCU urge extension of #RBC extension period http://t.co/FWMcvlwHPM
9 hours ago