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July Issue of The NCUA Report Now Available

ALEXANDRIA, Va. (July 22, 2014) – The National Credit Union Administration announced today the July 2014 issue of The NCUA Report is now available on its website at http://www.ncuareport.org/ncuareport/july_2014.

This latest issue includes columns from NCUA Board Chairman Debbie Matz, Board Member Michael E. Fryzel and Board Member Rick Metsger. It also includes articles from several NCUA offices on the agency’s initiatives and information on supervisory, regulatory and compliance issues that are important to all federally insured credit unions.

The articles in this month’s edition include:

  • NCUA Board Proposes Allowing Credit Unions to Securitize Their Own Assets
  • Chairman’s Corner: Honor the Past by Protecting the Future
  • Board Member Fryzel’s Perspective: Passing the Torch
  • Board Member Metsger’s Perspective: You Are Now Entering “The Buffer Zone”
  • Board Actions: Proposed Appraisal Rule and Final Voluntary Liquidation Rule Cut Red Tape
  • Understanding the Basics of an Information Security Policy
  • NCUA Can Help Consumers Improve Their Personal Finance Knowledge
  • NCUA Unveils New Resources for Interest Rate Risk and Consumer Compliance
  • Understanding the Civil Money Penalty Process for Late Filers
  • Agencies Issue Guidance for Home Equity Lines of Credit
Published monthly, The NCUA Report is NCUA’s flagship publication. The newsletter highlights important NCUA Board actions and key issues that credit union volunteers and management need to know. In 2013, the newsletter had approximately 300,000 page views. For previous issues of The NCUA Report, go to http://go.usa.gov/583d.


NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 98 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.

--NCUA--

National Credit Union Administration

Office of Public & Congressional Affairs

703.518.6330
pacamail@ncua.gov

Contacts:

John Fairbanks
Office: 703.518.6336
jfairbanks@ncua.gov

Ben C. Hardaway
Office: 703.518.6333
Mobile: 703.298.5223 bhardaway@ncua.gov

Kenzie Snowden
Office: 703.518.6334
ksnowden@ncua.gov

"Protecting credit unions and the consumers who own them through effective regulation"