WASHINGTON-The National Community Reinvestment Coalition (NCRC) conducted a two-year study of the lending trends, based on Home Mortgage Disclosure Act (HMDA) data, in which it alleges "NCUA member lenders" fall short of efforts in community reinvestment than their financial services counterparts that are subject to the Community Reinvestment Act (CRA)....

ALEXANDRIA, Va.-In one of her first interviews with the credit union trade press, newly inaugurated NCUA Board Member JoAnn Johnson said that she would like to leave a favorable fingerprint on the agency. "When I leave here, I hope to have good things said: a good manager and a good...

ALEXANDRIA, Va.-NCUA Board Member Deborah Matz said she is very comfortable taking her seat at the agency. She noted that her strong financial background, having worked on state and local government issues and the loan resolution task force following the economic downturn of the 1980s, gives her a boost, as...

CU Times Washington Reporter ALEXANDRIA, Va.-The two new recess appointees to the NCUA Board, Iowa State Senator JoAnn Johnson and UN Official Deborah Matz, are jumping in to their new responsibilities at the agency with both feet. For starters, both will be facing an NCUA Board meeting in just their...

WASHINGTON-The House Financial Services Committee staff held a meeting January 24 with industry leaders regarding federal deposit insurance reform. Financial Institution Subcommittee Chairman Spencer Bachus (R-Ala.) is expected to introduce deposit insurance reform legislation this year. Financial Services majority staff has also been meeting with Senate Banking Committee majority staff...

ARLINGTON, Va.-In the face of declining membership numbers and a shrinking pool of potential members, NAFCU still presents an active role in credit union political affairs. As NAFCU's leader passed the two-year mark last week, President and CEO Fred Becker was working to increase the association's membership despite the falling...

WASHINGTON-CUNA is making extra efforts this year to encourage credit unions to send representatives to its annual Governmental Affairs Conference (GAC) February 24 through the 27 in Washington, D.C. CUNA Senior Vice President of Communications Mark Wolff, who is in charge of the conference, said that CUNA is trying some...

By SARAH SNELL COOKE CU Times Washington Reporter WASHINGTON-The National Community Reinvestment Coalition (NCRC) filed a federal lawsuit last week challenging the NCUA's repeal of the Community Action Plan (CAP), which would have required community-based credit unions to supply NCUA with a plan of how it intended to serve its...