NCUA Media Advisory

Matz Continues Dialogue At Dallas Town Hall

First session of 2010 features wide-ranging discussion of corporate proposal, other issues

January 22, 2010, Alexandria, Va. -- National Credit Union Administration Chairman Debbie Matz today led a spirited and vigorous discussion of a wide-variety of critical issues during the first Town Hall Meeting of 2010.  An overflow crowd of more than 200 attendees participated in the Dallas gathering, the first since the proposed corporate rule was unveiled in November.   

NCUA Capital Markets Specialist Rick Mayfield addresses attendees at the Dallas Town Hall Meeting.

"Today's session yielded serious and important discussions that touched on the most significant issues facing the credit union industry,” noted Chairman Matz. “Regarding the corporates, credit unions are clearly engaged in a debate about both the present and future of the system, and are bringing forth constructive ideas that draw from the impressive amount of knowledge and experience that resides in the credit union industry.  I am encouraged by the continuing dialogue at the Town Hall meetings, and look forward to applying this valuable information as we move toward a final rule."

The comment period for the proposed Corporate Rule closes March 9, 2010.
  
Although corporate credit union issues predominated the 4-hour session, NCUA Chairman Matz, Board Member Michael Fryzel and senior NCUA staff also heard audience views on other major issues, including proposed changes to the field of membership rules, credit union capital, member business lending and regulatory restructuring. 

The next NCUA Town Hall meeting will be held Thursday, February 4, 2010 in Lake Buena Vista, FL.

Register for this Town Hall meeting by accessing “Upcoming Events” online at www.ncua.gov.

 

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, insuring the deposits of over 90 million account holders in all federal credit unions and the majority of state-chartered credit unions.

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