NCUA Seal

For Details, Contact:
External Affairs
email: pacamail@ncua.gov
Fax: (703) 518-6409

National Credit Union Administration
1775 Duke Street
Alexandria, VA 22314-3428
Phone: (703) 518-6330
Web Address: http://www.ncua.gov/


Media Advisory

FOR IMMEDIATE RELEASE

Registration Now Open for NCUA
Outreach Task Force “Town Hall”
Meeting in New Orleans

April 27, 2007, Alexandria, VA – National Credit Union Administration (NCUA) Board Member Gigi Hyland announced that registration is now open for the next Outreach Task Force “Town Hall” meeting to be held in New Orleans, LA on Wednesday, June 6. To register, please visit NCUA’s website at: http://www.ncua.gov/TH-Outreach/Index.htm

NCUA’s Outreach Task Force was created to review the recommendations from the Member Service Assessment Pilot Program (MSAP) and advise the NCUA Board based upon these findings. The Task Force is comprised of NCUA staff members and is Chaired by Board Member Hyland. The Town Hall meetings will provide attendees an opportunity to share their ideas on the issues under consideration with the Task Force. The New Orleans meeting will be the third of six scheduled meetings. The first two Town Hall meetings were held last week in Cincinnati, OH and in Boston, MA.

Board Member Hyland expects a lively discussion at the meeting, which provides the opportunity for attendees to assemble into groups to share insights regarding a variety of current topics including: NCUA programs and processes to encourage outreach to underserved communities; value of low-income designation; NCUA role in encouraging outreach to underserved; data collection on member income; and data collection on executive compensation. Each group will summarize their ideas and responses to be reported to the entire audience.

“The Outreach Task Force meetings in Cincinnati and Boston provided an ideal format for the audience to actively participate and to have their voices heard, and I look forward to another very productive meeting in New Orleans,” stated Board Member Hyland. “Since no decisions have yet been made on the issues under consideration, the contributions from the credit union community during the Town Hall meetings are absolutely vital to the deliberations of the Task Force.”
The National Credit Union Administration is the independent federal agency that regulates, charters and supervises federal credit unions. NCUA, with the backing of 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 85 million account holders in all federal credit unions and the majority of state-chartered credit unions.