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For Details, Contact NCUA Public & Congressional Affairs
E-mail: pacamail@ncua.gov
Phone: 703.518.6330

National Credit Union Administration
1775 Duke Street
Alexandria, VA 22314-3428
Fax: 703.518.6409


Media Release

FOR IMMEDIATE RELEASE

NCUA Webcast Will Provide Corporate Stabilization Update


March 20, 2009, Alexandria, Va. -- The National Credit Union Administration will host a webcast Monday, March 23, 2009, to provide the credit union community with an update on the corporate credit union stabilization program. The webcast will include a discussion of recent events, as well as provide an update on National Credit Union Share Insurance Fund reserve liability. Specific details about the update on the corporate stabilization plan webcast follow:

Date: Monday, March 23, 2009

Time: 2 p.m. EST

Duration: 2 hours

Register: Registration for the webcast opens today, Friday, March 20. Participants for the NCUA Update on Corporate Stabilization Plan webcast should register online at http://event.on24.com/r.htm?e=135750&s=1&k=952D61AF86486F16EE74FF144CBB336E . Registration is open until 1:45 p.m. EST on Monday, March 23.

Participants will be able to submit questions throughout the webcast via the Internet. Instructions will be provided at the beginning of the webcast. Presenters will address as many of the questions as possible. Speakers will include NCUA Executive Director David M. Marquis and Examination & Insurance Director Melinda Love.

The National Credit Union Administration is the independent federal agency that regulates, charters and supervises federal credit unions. NCUA, backed by the full faith and credit of the U.S. government, also operates and manages the National Credit Union Share Insurance Fund (NCUSIF), insuring the deposits of over 89million account holders in all federal credit unions and the majority of state-chartered credit unions.

                                                             -NCUA-