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Interest Rates- US: H15 0.14 2010-08-26 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.19 2010-08-26 FRB Federal funds effective rate
- US: H15 0.19 2010-08-26 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.99 2010-08-26 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.23 2010-08-26 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
- Trade (FTC)
- FTC Warns Consumers to Exercise Caution When Selling a Timeshare Through a ResellerThe Federal Trade Commission, the nation’s consumer protection agency, offered these tips for people who seek to sell their timeshare through real estate brokers and agents that specialize in reselling timeshares. […]
- FTC Warns Consumers to Exercise Caution When Selling a Timeshare Through a Reseller
- Commerce News
- NTIA Announces Recovery Act Investment to Expand Broadband Internet Access and Economic Opportunities in IllinoisNTIA announced a nearly $9 million American Recovery and Reinvestment Act investment to expand and upgrade public computer centers in locations throughout Chicago and provide technology and job assistance training to residents, with a focus on at-risk youth, senior citizens, people with disabilities, and the unemployed. […]
- NTIA Announces Recovery Act Investment to Expand Broadband Internet Access and Economic Opportunities in Illinois
- Small Business News
- Advocacy Comments on EPA’s Major and Area Source Boilers RulesOn August 23, 2010, the Office of Advocacy submitted comments to the Environmental Protection Agency concerning their proposed National Emission Standards for Hazardous Air Pollutants for Major and Area Sources: Industrial, Commercial, and Institutional Boilers and Process Heaters rule. […]
- Advocacy Comments on EPA’s Major and Area Source Boilers Rules
- Monetary Policy
- Cost Estimates
- A bill to amend title 38, United States Code, to improve Servicemembers' Group Life Insurance and Veterans' Group Life Insurance and to modify the provision of compensation and pension to surviving spouses of veterans in the months ofCost estimate for the bill as ordered reported by the Senate Committee on Veteran's Affairs on August 5, 2010 […]
- H.R. 4195, A bill to authorize the Peace Corps Commemorative Foundation to establish a commemorative work in the District of Columbia and its environs, and for other purposesCost estimate for the bill as ordered reported by the House Committee on Natural Resources on July 22, 2010 […]
- S. 3234, Veteran Employment Assistance Act of 2010Cost estimate for the bill as ordered reported by the Senate Committee on Veteran's Affairs on August 5, 2010 […]
- A bill to amend title 38, United States Code, to improve Servicemembers' Group Life Insurance and Veterans' Group Life Insurance and to modify the provision of compensation and pension to surviving spouses of veterans in the months of
- Banking
- OCC Appoints Receiver for Community National Bank at BartowThe Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for Community National Bank at Bartow, Bartow, Florida. […]
- OCC Appoints Receiver for Community National Bank at Bartow
NCUA Charter Approval
August 26, 2010, Alexandria, Va. – The National Credit Union Administration (NCUA) today
approved the charter for Shepherd’s Federal Credit Union, located in Charlotte, N.C. The credit
union was chartered to serve the approximately 1,400 members and employees of Unity, the
Way of Holiness Christian Church in Charlotte.
Based on its field of membership, NCUA granted the new credit union a low-income
designation.
“Shepherd’s Federal Credit Union will offer hands-on help and long-term hope to a group that is
striving to build a more prosperous community,” NCUA Chairman Debbie Matz said. “With
their low-income designation, the credit union will have opportunities to participate in special
NCUA programs – including valuable technical assistance grants and low-cost loans to provide
needed services and stimulate economic activities.”
Shepherd’s FCU expects to open its doors in September 2010. Initially, the credit union plans to
offer regular shares, unsecured loans, and used vehicle loans. Planned future services include
share certificates of deposit, new auto loans, check cashing, and an informational website.
The credit union is sponsored by the Neighborhood Church Coalition located in Charlotte. The
Neighborhood Church Coalition is a nonprofit organization which provides organizational
support to help churches become successful, especially those located in impoverished
neighborhoods.
Shepherd’s Federal Credit Union is the third new federal credit union chartered in 2010.
The National Credit Union Administration is the independent federal agency that regulates,
charters and supervises federal credit unions. With the backing of the full faith and credit of the
U.S. government, NCUA operates and manages the National Credit Union Share Insurance
National Credit Union Administration
1775 Duke Street
Alexandria, VA 22314-3428
www.ncua.gov
Media Contact: NCUA Office of
Public & Congressional Affairs
Phone: (703) 518-6330
Email: pacamail@ncua.gov
Fund, insuring the deposits of over 90 million account holders in all federal credit unions and
the overwhelming majority of state-chartered credit unions.