Archive November 2009

Here are the FDL Action health care reform highlights for Wednesday, November 18.Loaded Orygun (blog)What's hilarious is that Conrad has been the biggest proponent of health care cooperatives, yet that's exactly what "irresponsible" BCBS of North Dakota ...

NCUA Proposal Shortens the Leash for Undercapitalized CorporatesCredit Union TimesIn the case of a state-chartered corporate credit union, the NCUA would consult with, and seek to work cooperatively with, appropriate state officials ...Read More

On-Site Coverage: More CUs at CAMEL 4 and 5Credit Union Times... of $5.33 billion set aside for corporate credit union losses, a $1.3 million interest payment owed the US Treasury, and $30 million in deferred revenue. ...and more »

Trades Praise Corporate Credit Rules but Pledge to Examine Them ThoroughlyCredit Union TimesCUNA, NAFCU and NASCUS said there were few surprises in the proposed corporate credit union rules that the NCUA Board sent out for 90 days ...Read More

Conrad: Health care bill is a step forwardJamestown SunHe said it includes his plan for private, nonprofit health care cooperatives to offer another choice for health care. Conrad's statement said he would work ...and more »

Senate vote next step on what could be a long road for health careCNNDemocratic leaders in both chambers agree on establishing nonprofit health care cooperatives and stripping insurance companies of an antitrust exemption ...and more »

The National Credit Union Administration has extended the expiration date of NCUA’s Temporary Corporate Credit Union Share Guarantee Program (TCCUSGP) from December 31, 2011, to March 31, 2012. With this extension, new investments with maturities of two years or less in participating corporate credit unions made before March 31, 2010, will be fully covered by the guarantee program.

New Corporate Rules Focus on Capital, Investments, DisclosureCredit Union TimesThe rules would also require all corporate credit union board members be a chief executive officer, chief financial officer or chief operating officer of a ...Read More

Examiner.comCorporate credit union program gets another extentionExaminer.comRead More

November 25, 2009, Alexandria, Va. -- National Credit Union Administration (NCUA) Chairman Debbie Matz urged the Department of Treasury to support increasing or eliminating the statutory cap on credit union member business lending, and allow NCUA to establish the regulatory parameters.

New York TimesDoes the Public Care About the Public Option?New York TimesRead More

New York TimesRough Race to the Finish for Senate DemocratsNew York TimesRead More

November 30, 2009, Alexandria, Va. – National Credit Union Administration Chairman Debbie Matz today announced details of the next round of NCUA Town Hall meetings. The sessions, similar to those held this fall, as part of an Agency effort to receive stakeholder input about the corporate rulemaking process and other important issues, will be held in Dallas, Texas, Monday, January 22nd and Orlando, Florida, Thursday, February 4th. These sessions will begin at 9:00 a.m. and end at noon. A webinar will follow in February.