NCUA has decided to publicly share the comments on the voluntary prepaid assessments proposal. NCUA has sought public feedback to determine whether the agency should move forward with the program and, if so, what form the final program will take.

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The National Credit Union Administration on Thursday said that it would consider lifting the maximum corporate stabilization assessment prepayment cap if enough credit unions request that it be raised.

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ALEXANDRIA, Va. (May 25, 2011) – In recognition of National Hurricane Preparedness Week, National Credit Union Administration (NCUA) Board Chairman Debbie Matz reminds credit unions to adopt contingency plans for potential weather disasters. The National Oceanic and Atmospheric Administration has predicted an above normal 2011 Atlantic hurricane season.

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ALEXANDRIA, Va. (May 20, 2011) – Credit union industry representatives and all public stakeholders are invited to participate in a free webinar about a proposed voluntary prepaid Corporate Stabilization Fund assessments program at 4 p.m. EDT May 26.

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ALEXANDRIA, Va. (May 19, 2011) – Reporters are invited to participate in a media roundtable about an NCUA-proposed voluntary prepaid Stabilization Fund assessments program at 10 a.m. EDT tomorrow, May 20.

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Alexandria, Va. (May 11, 2011) – With severe flooding now threatening new areas of Missouri, Tennessee, North Dakota and Minnesota, National Credit Union Administration (NCUA) Board Chairman Debbie Matz expanded the agency’s disaster relief policy to assist credit unions and their members in dealing with local recovery efforts in areas struck by severe storms, tornadoes and flooding beginning April 19 and continuing.

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Alexandria, Va. (May 9, 2011) – With severe flooding continuing to threaten areas of Tennessee, Mississippi, Kentucky and Louisiana, National Credit Union Administration (NCUA) Board Chairman Debbie Matz activated the agency’s disaster relief policy to assist credit unions and their members to deal with potential losses.

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BAKERSFIELD, Calif. (5/6/11–Filed 10:15 a.m. CT)–Western Bridge Corporate FCU has received notification that the business plan for its new United Resources FCU has been approved by the National Credit Union Administration’s Office of Corporate Credit Unions.

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The information contained in the analysis is so misleading it casts doubt on NCUA’s ability to understand the issue and its impact on credit unions….[ Read Article ]

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Alexandria, Va. (April 30, 2011) – In the wake of the deadliest series of tornadoes in more than 85 years, National Credit Union Administration (NCUA) Board Chairman Debbie Matz activated the agency’s disaster relief policy to assist credit unions and their members in rebuilding and recovering in severely damaged areas across the southeast.

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