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2005 News Releases

December 30, 2005 - NCUA Issues Moratorium On Non-Multiple Common Bond FCU Adoption of Underserved Areas Into Fields of Membership

December 21, 2005 - Credit Unions Exhibit Strong Growth. Loans grow rapidly as delinquencies decline

December 21, 2005 - NCUA Hosts first ever webinar “town meeting” featuring new Board Member Gigi Hyland

December 20, 2005 - Federal Financial Regulatory Agencies Propose Guidance on Nontraditional Mortgage Products

December 16, 2005 - NCUA Vice Chairman Appoints Carlton L. Hoskins as Senior Policy Advisor

December 14, 2005 - NCUA Offers Meeting and Election Guidance for Credit Unions Affected by Hurricane Katrina

November 30, 2005 - Rodney E. Hood Named NCUA Vice Chairman

November 30, 2005 - NCUA Chairman Johnson Says Agency is Demonstrating Progress With Study Focused on Credit Union Service to Persons of Modest Means

November 30, 2005 - Agencies Encourage Insured Depository Institutions to Continue Efforts to Meet the Financial Needs of Customers Recovering from the Aftermath of Hurricane Katrina

November 22, 2005 - Northup to Leave NCUA in 2006

November 18, 2005 - Christiane Gigi Hyland Sworn-in as NCUA Board Member

November 17, 2005 - Agencies Finalize FACT Act Rules on Medical Information

November 16, 2005 - NCUA Chairman Johnson Calls on Credit Unions to "Tell Your Story"

November 15, 2005 - NCUA Chairman Addresses Health Savings Account (HSA) Symposium

November 15, 2005 - Rodney E. Hood Sworn-in as NCUA Board Member

November 10, 2005 - Statement of NCUA Chairman Johnson Regarding American Bankers Association Complaints

November 10, 2005 - NCUA Encourages Credit Unions to Join SBA’s “Give a Lending Hand” Initiative

November 8, 2005 - Statement of NCUA Chairman JoAnn Johnson Regarding The Senate Confirmation of Rodney E. Hood and Christiane Gigi Hyland

November 8, 2005 - Statement of Christiane Gigi Hyland upon Senate Confirmation to the NCUA Board

November 8, 2005 - Statement of Rodney E. Hood upon Senate Confirmation to the NCUA Board

November 7, 2005- Justin Grove Joins NCUA’s External Affairs Team

November 3, 2005 - Chairman Johnson Testifies on Credit Union Taxation

October 31, 2005 - Statement of NCUA Chairman JoAnn Johnson Regarding Billion-Dollar Credit Union Home Loan Payment Relief Mortgage Program for Low-Income Homebuyers

October 31, 2005 - NCUA Issues Civil Money Assessment

October 31, 2005 - NCUA Issues Prohibition Orders

October 27, 2005 - NCUA Board Releases Draft NCUA Strategic Plan 2006-2011 for Public Comment

October 26, 2005 - America's Credit Unions Realize Significant Growth in Member Business Lending

October 24, 2005 - NCUA Chairman Johnson Declares “New Day at the NCUA”

October 24, 2005 - NCUA Closes Insolvent Korean-American Chamber of Commerce Federal Credit Union

October 24, 2005 - NCUA Activates Disaster Assistance in Response to Hurricane Wilma

October 21, 2005 - National Credit Union Administration Issues Prohibition Orders

October 19, 2005 - National Credit Union Administration Issues Prohibition Orders

October 19, 2005 - National Credit Union Administration Issues Civil Money Penalty Assessment

October 19, 2005 - NCUA Holds 5th Annual Budget Briefing and Public Forum

October 12, 2005 - FFIEC Press Release - Authentication in an Internet Banking Environment

October 12, 2005 - NCUA Chairman Says Credit Unions Should Remain Focused on Safe and Sound Mortgage Lending

October 11, 2005 - NCUA Chairman Johnson, Representative Anne Meagher Northup to Host Kentucky Forum

October 5, 2005 - NCUA Issues 2006 Board Meeting Schedule

October 4, 2005 - NCUA Chairman Johnson Encourages Credit Unions To Answer the Call of Service for Volunteers with Project Restore HOPE

October 4, 2005 - NCUA Issues 2006 Board Meeting Schedule

September 30, 2005 - All Hurricane Rita Affected Credit Unions Operational

September 29, 2005 - Statement of NCUA Chairman JoAnn Johnson Regarding The President's Intention To Nominate Gigi Hyland To NCUA Board

September 28, 2005 - NCUA to Hold Fifth Budget Briefing and Public Forum October 19

September 26, 2005 - NCUA Activates Disaster Assistance in Response to Hurricane Rita

September 23, 2005 - National Credit Union Administration Issues Civil Money Penalties

September 23, 2005 - National Credit Union Administration Issues Prohibition Orders

September 23, 2005 - NCUA And Export-Import Bank of the US sign Memorandum of Cooperation

September 23, 2005 - September 30, 2005 - 5300 Reporting Guidance

September 23, 2005 - Dallas Access Across America Summit Postponed

September 21, 2005 - NCUA Encourages Credit Unions in the Potential Path of Hurricane Rita to Ensure Readiness for Contingency Operations

September 19, 2005 - FFIEC Forms Working Group to Address FinanciaI Industry Issues After Hurricane Katrina

September 16, 2005 - All Hurricane Katrina Affected Credit Unions Operational

September 15, 2005 - NCUA Hosts Kenyan Cooperative Officials

September 14, 2005 - NCUA Announces Technical Assistance Grant Relief for Low-Income Credit Unions in Federally Designated Disaster Areas Affected by Hurricane Katrina

September 14, 2005 - NCUA’s Toll-Free Emergency Assistance Call Center Responds to Thousands of Calls

September 13, 2005 - Home mortgage Disclosure Act (HMDA) mortgage data for the year 2004 is available

September 12, 2005 - NCUA Chairman JoAnn Johnson’s Statement Regarding NCUA Board Member Deborah Matz

September 12, 2005 - Matz Resigns from NCUA Board Effective September 30, 2005

September 12, 2005 - NCUA Chairman JoAnn Johnson Visits Credit Unions in Hurricane-Ravaged Mississippi Gulf Coast Area

September 9, 2005 - Credit Union Service Greatly Improved

September 8, 2005 - NCUA Meets with Credit Union Executives

September 7, 2005 - NCUA Reports to Congress on Hurricane Katrina Response

September 5, 2005 - More Information for Credit Union Members Affected by Hurricane Katrina

September 2, 2005 - Public Service Announcement

September 2, 2005 - Agencies Encourage Insured Depository Institutions to Assist Displaced Customers

September 1, 2005 - NCUA Continues Effort in Response to Hurricane Katrina

August 31, 2005 - Taskforce, Toll-Free Number Established to Address Credit Union Operations and Members Affected by Hurricane Katrina

August 31, 2005 - Texas Conversion Cases Settled

August 29, 2005 - Jilapuhn Federal Credit Union Discontinues Operations

August 29, 2005 - NCUA Activates Disaster Assistance in Response to Hurricane Katrina

August 22, 2005 - NCUA Chairman Johnson Commends America's Defense Credit Unions for Service to Military Families

August 22, 2005 - Homesteaders FCU Closes

August 18, 2005 - NCUA Enhances and Streamlines Data Collection

August 17, 2005 - Credit Unions Report Strong Mid-Year Growth

August 8, 2005 - NCUA News - Lock Haven Area FCU Closes Horizon Federal Credit Union to serve Lock Haven Credit Union Members

August 8, 2005 - National Credit Union Administration Issues Prohibition Orders

August 3, 2005 - NCUA Chairman Visits HealthAmerica Credit Union

July 27, 2005 - NCUA, HHS Announce AFI Grant Program Training Credit unions can tap into AFI training academies

July 21, 2005 - NCUA Board Proposes Capital and RegFlex Improvements

July 15, 2005 - Matz Suggests Ways Credit Unions Can Up the Ante to Protect their Tax Exemption and Invest in their Communities

July 14, 2005 -NCUA Chairman Presses Forward For RegFlex and Capital Improvements

July 14, 2005 - Jamaica Postal Credit Union Discontinues Operations

July 13, 2005 - NCUA Activates Disaster Assistance in Response to Hurricane Dennis

July 11, 2005 - Study Recognizes Credit Unions and Matz for Supporting Payday Loan Alternatives

July 5, 2005 - Participants from 25 States to Attend PALS Workshop on July 7 in Baltimore

June 30, 2005 - Agencies Release Bank Secrecy Act/Anti-Money Laundering Examination Manual

June 21, 2005 - Chairman Johnson testifies before Senate Banking Committee

June 21, 2005 - Matz Announces Keynote Speaker for Free PALS Workshop on July 7 in Baltimore

June 17, 2005 - NCUA Chairman Says America’s Credit Unions Vital to New Medicare Benefits Awareness Campaign

June 15, 2005 - Matz: Increasing Membership Growth Should be “Number One Priority”

June 15, 2005 - HHS Assets for Independence Grants Available

June 10, 2005 - Chairman JoAnn Johnson testifies before the House Financial Institutions and Consumer Credit Subcommittee

June 10, 2005 - Matz Shares Lessons Learned from Community Development Credit Unions

June 9, 2005 - NCUA Issues Prohibition Orders

June 6, 2005 - Agencies Issue FACT Act Interim Final Rules on Medical Information

May 26, 2005 - NCUA Encourages Capital Reform at Financial Symposium

May 26, 2005 - National Credit Union Administration Issues Prohibition Orders

May 20, 2005 - Credit Unions Continue Strong Performance

May 20, 2005 - NCUA Chairman Urges Credit Unions To Manage Risks In Today’s Growing Economy

May 20, 2005 - Matz Encourages New York Credit Unions to Continue Putting “Principles Above Profits”

May 16, 2005 - NCUA Unveils Enhanced Agency Web Communications Technology

May 16, 2005 - NCUA Chairman Urges Credit Unions To Enhance Due Diligence Of Third Party Vendors and Consumer Compliance

May 16, 2005 - Agencies Issue Credit Risk Management Guidance for Home Equity Lending

May 11, 2005 - Statement of NCUA Chairman JoAnn Johnson Regarding Introduction of the Credit Union Regulatory Improvement Act

May 10, 2005 - Comments Requested on Proposed Advisory on the Limitation of Liability Provisions in Audit Engagement Letters

May 5, 2005 - NCUA Chairman Encourages America’s Credit Unions To Evaluate Sound Governance Practices For Institutions

May 3, 2005 - Matz Announces Agenda for PALS Workshop on July 7 in Baltimore

May 2, 2005 - PALS Panelists: Reaching New Markets Really is Good Business

April 29, 2005 - Statement of NCUA Chairman JoAnn Johnson Regarding The President’s Intention To Nominate Rodney E. Hood To NCUA Board

April 29, 2005 - NCUA to Host Access Across America Economic Empowerment Summit in Los Angeles, California June 28

April 26, 2005 - Guidance and Advisory Issued on Banking Services for Money Services Businesses Operating in the United States

April 22, 2005 - Matz Affirms that Kids Count

April 20, 2005 - Chairman Johnson Focuses NCUA’s Agenda Toward Regulatory Flexibility

April 19, 2005 - Chairman Johnson Welcomes Russian Visitors to NCUA

April 15, 2005 - NCUA Chairman Johnson, National Leaders Join Together on Financial Empowerment in Atlanta

April 15, 2005 - Statement of NCUA Chairman JoAnn Johnson

April 13, 2005 - NCUA Chairman Highlights the Role of America's Credit Unions in the "Ownership Society" for Emerging Small Businesses

April 13, 2005 - Johnson Testifies on the Credit Union Net Worth Bill

April 11, 2005 - Chairman Johnson to Participate in Atlanta Financial Literacy Events

April 8, 2005 - DeSarno Named Inspector General

April 5, 2005 - Board Member Focuses on Threats to CUs at NCUA / NASCUS Conference

April 4, 2005 - NCUA Submits Prompt Corrective Action Proposal For Reform To Congress

April 4, 2005 - Matz’s Changes Incorporated into NCUA PCA Reform Proposal

March 31, 2005 - Agencies Announce Answers to Frequently Asked Questions About New HMDA Data

March 30, 2005 - FinCEN and Financial Agencies Issue Joint Statement on Providing Services to Money Services Businesses

March 25, 2005 - Randolph County Federal Credit Union Closes

March 17, 2005 - NCUA Board Approves Pilot Investment Program Designed To Enhance Credit Union Member Business Lending

March 16, 2005 - NCUA Issues Prohibition Orders

March 14, 2005 - Matz Announces Summer PALS Workshop to Help Credit Unions “Knock Out Predatory Lenders and Improve Your Bottom Line”

March 9, 2005 - NCUA Chairman Johnson Announces 2005 Technical Assistance Grant Program For Low-Income Designated Credit Unions

March 8, 2005 - KO-AM Federal Credit Union Closes

March 4, 2005 - Matz Announces Agenda for Free PALS Workshop on April 28 in St. Louis, Missouri

March 1, 2005 - Matz Urges Credit Unions to Knock Out Predatory Lenders

February 23, 2005 - NCUA Releases Draft Report: “Prompt Corrective Action Proposal for Reform”

February 23, 2005 - NCUA Charters Low-Income Designated Faith-Based Credit Union in Bronx, NY

February 22, 2005 - Credit Unions Post Solid Gains in 2004

February 18, 2005 - Agencies Issue Final Guidance on Overdraft Protection Programs

February 17, 2005 - Rori P. Smith Joins NCUA’s External Affairs Team

February 15, 2005 - NCUA to Host Access Across America Workshop at CUNA GAC

February 15, 2005 - NCUA to Host Access Across America Economic Empowerment Summit in Newark, New Jersey April 8

February 15, 2005 - NCUA Charters Low-Income Federal Credit Union in Missouri

February 10, 2005 - Participants in Matz’s PALS Workshop Share Ideas to Serve Everyone in their Field of Membership

February 10, 2005 - National Credit Union Administration Issues Prohibition Orders

February 3, 2005 - NCUA Chairman’s Statement Regarding The President’s State of the Union Address

February 1, 2005 - NCUA Releases Community Development Credit Union Examiner Guidance White Paper

February 1, 2005 - Matz Discusses Current Issues with Indiana Credit Unions

February 1, 2005 - NCUA Charters Low-Income Federal Credit Union in California

January 28, 2005 - United States Treasurer Anna Cabral To Keynote NCUA’s Access Across America Economic Empowerment Summit in Des Moines, Iowa February 9

January 28, 2005 - Matz Shares Concerns for the Future of Credit Unions

January 28, 2005- NCUA Chairman Johnson Highlights 2004 Accomplishments and Outlines 2005 Agenda

January 24, 2005 - Credit Unions Added Over 27.4 Million Potential New Members In Underserved Areas Across America in 2004

January 18, 2005 - Matz Announces April PALS Workshop to Help Credit Unions Reach “New Markets, New Members, and New Business”

January 13, 2005 - Statement of NCUA Chairman JoAnn Johnson on the Final Rule Amending Part 708a Conversions of Insured Credit Unions to Mutual Savings Banks

January 13, 2005 - Statement of NCUA Chairman JoAnn Johnson on the Final Rule Amending Part 708b Mergers of Federally Insured Credit Unions; Voluntary Termination or Conversion of Insured Status

January 13, 2005 - Board Member Matz votes for consumer protections to strengthen NCUA's rules on conversions to private insurance and mutual savings banks

January 13, 2005 - NCUA Board Issues Final Rule on Conversion Disclosure Rules for Insurance and Credit Union Conversions to Mutual Savings Banks

January 6, 2005 - NCUA Terminates Cease and Desist Order Against Northeast Arkansas Federal Credit Union