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NCCUL and WOCCU met with Romanian CUs this week. The CUs are experiencing growth and want to increase their public relations efforts. 1 day ago

Kent Buckham has been named by NCUA as director of the newly created Office of Consumer Protection. The 7-person dept. launches in Jan. 1 day ago

Reg E gift card rule proposed by Fed. Would implement Credit CARD Act requirements that are effective Aug. 22. http://tinyurl.com/yh9eats 1 day ago

AOL's Walletpop advises "fee-weary consumers" to find a credit union, points them to CUNA's online CU locator: http://tinyurl.com/ydsjlvr 1 day ago

NCUA approved 2010 OTR of 57.2 percent 2 days ago

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NEW: $250K NCUSIF coverage now effective

WASHINGTON (10/3/08, UPDATE 3:30 p.m. ET)--Today's passage of the Emergency Economic Stabilization Act of 2008 will require the National Credit Union Administration (NCUA) to immediately increase share insurance protection to $250,000 on all types of accounts until Dec. 31, 2009.

President George W. Bush this afternoon signed the economic rescue package passed by the House today.

NCUA said it is reviewing all share insurance coverage materials included on the Internet Share Insurance Tool Kit, such as the "Your Insured Funds" brochure and print advertisement, to make needed revisions.

Revised documents reflecting $250,000 coverage will be posted to the NCUA website as soon as possible, according to the agency.



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