NCUA Media Release

NCUA to Host CLF Policy and Stock Ownership Webinar

Alexandria, Va., August 6, 2009 -- The National Credit Union Administration (NCUA) will hold a webinar Monday, August 10, 2009, to provide background information about the Central Liquidity Facility’s (CLF) recent change to its investment policy and pending transfer of CLF stock ownership from U.S. Central FCU to other credit unions.

WHO: CLF President J. Owen Cole will host the webinar.

WHAT: The free 1-hour webcast for credit unions will address general CLF structure and operations as well as recent and near-term contemplated changes.

WHEN: 2 p.m., EDT, Monday August 10.

TO REGISTER: Participants can register until 1:45 p.m. EDT on Monday, August 10th. To register online at:
http://event.on24.com/r.htm?e=158673&s=1&k=8F5153BB61B216C358F069842763C881
 
Registrants must provide first name, last name, organization, and email address. Once registered, participants will receive event verification and a link to access the webcast. Prior to start of the webcast, participants should ensure volume is turned on, webcast pop-ups are permitted, and screen resolution is set to 1024 x 768.

How to Submit Questions: Participants can submit questions throughout the webcast via the Internet. Instructions will be provided at the beginning of the webcast. The presenter will address as many questions as possible. NCUA will archive the webcast and make it available in “Highlights” on our NCUA’s homepage www.ncua.gov. This archive should be available by Tuesday, August 11, 2009.

The National Credit Union Administration is the independent federal agency that charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates and manages the National Credit Union Share Insurance Fund, insuring the savings of nearly 90 million account holders in all federal credit unions and the majority of state-chartered credit unions.

- NCUA -