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Interest Rates- US: H15 0.16 2011-01-20 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.18 2011-01-20 FRB Federal funds effective rate
- US: H15 0.20 2011-01-20 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 1.31 2011-01-20 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.22 2011-01-20 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
- Trade (FTC)
- FTC Settlement Bans Marketers from Debt Relief BusinessDefendants Must Pay $500,000 to Settle Charges […]
- FTC Settlement Bans Marketers from Debt Relief Business
- Commerce News
- Commerce Spectrum Management Advisory Committee Reopening of Application PeriodNTIA has reopened the application period for persons interested in serving on the Department of Commerce Spectrum Management Advisory Committee (CSMAC) for new two-year terms. The CSMAC provides advice to the Assistant Secretary for Communications and Information and NTIA Administrator on spectrum policy matters. Nominations must be postmarked or electronica […]
- Commerce Spectrum Management Advisory Committee Reopening of Application Period
- Small Business News
- Letter Dated 01/14/11 - Internal Revenue ServiceLetter Date: Friday, January 14, 2011 Landing page summary: Notice 2011-6, Implementation of Rules Governing Tax Return Preparers Printer Friendly Version (PDF) read more […]
- Letter Dated 01/14/11 - Internal Revenue Service
- Monetary Policy
- Minutes of Board discount rate meetings, November 22 through December 13, 2010
- Minutes of the Federal Open Market Committee, December 14, 2010
- FOMC statement: Federal Reserve, European Central Bank, Bank of Japan, Bank of Canada, Bank of England, and Swiss National Bank announce extension of temporary U.S. dollar liquidity swap facilities
- Cost Estimates
- H.R. 6517, Omnibus Trade Act of 2010Pay-as-you-go estimate for the Senate amendment in the nature of a substitute to H.R. 6517 […]
- S. 3688, International Professional Exchange Act of 2010Cost estimate for the bill as ordered reported by the Senate Committee on Foreign Relations on December 14, 2010 […]
- H.R. 847, James Zadroga 9/11 Health and Compensation Act of 2010Cost estimate for H.R. 847 as adopted by the Senate on December 22, 2010 […]
- H.R. 6517, Omnibus Trade Act of 2010
- Banking
- OCC Enforcement ActionsThe Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks. […]
- OCC Enforcement Actions
Prohibition Orders
January 20, 2011, Alexandria, VA, – The National Credit Union Administration Board has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.
Christopher Allen, a former employee of First Service Credit Union, Houston, Texas, was convicted of bank fraud. Allen was sentenced to 32 months imprisonment 3 years probation, and ordered to pay $31,303 in restitution.
Keona Blagburn, a former employee of Newport News Neighborhood Federal Credit Union, Newport News, Virginia, plead guilty to Embezzlement and obtaining Money under False Pretenses.
Arden Marie Rohrer, a former employee of Henrico Federal Credit Union, Richmond, Virginia, was convicted of grand larceny. Rohrer 5 years imprisonment was suspended on the condition that she keep the peace and be on good behavior. She was ordered to pay $1500 in restitution.
Kelly J. White, a former employee of Sussex County Federal Credit Union, Seaford, Delaware, was convicted of Theft. White was sentenced to 2 year supervised release and ordered to pay $33,062 in restitution.
NCUA enforcement orders are online at
http://www.ncua.gov/Resources/AdministrativeOrders/Orders2010.aspx, and may be inspected at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. Copies may be ordered by mail from NCUA, 1775 Duke St., Alexandria, Va. 22314-3428.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
National Credit Union Administration
1775 Duke Street
Alexandria, VA 22314-3428
www.ncua.gov
For Details Contact
Public & Congressional Affairs Email: pacamail@ncua.gov
Phone (703) 518-6330
Fax (703) 518-6409
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 90 million account holders in all federal credit unions and the majority of state-chartered credit unions.