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Interest Rates
- US: H15 0.48 2011-02-10 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.15 2011-02-10 FRB Federal funds effective rate
- US: H15 0.16 2011-02-10 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 1.61 2011-02-10 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.21 2011-02-10 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)
- FTC Adds Further Factual Details to Complaint in Case Against Lights of America, Inc.The Federal Trade Commission has added further factual details to its complaint against a company that allegedly misled consumers by exaggerating the light output and life expectancy of its Light Emitting Diode (LED) bulbs. […]
- FTC Adds Further Factual Details to Complaint in Case Against Lights of America, Inc.
Commerce News
- NTIA Statement on Selection of 1755-1850 MHz Band for Detailed AnalysisNTIA announced that it has selected the next spectrum band for a detailed evaluation of whether it can be repurposed for commercial broadband use. The band selected, 1755-1850 MHz is a priority for analysis based on a variety of factors, including industry interest and its potential for commercial use within ten years. […]
- NTIA Statement on Selection of 1755-1850 MHz Band for Detailed Analysis
Small Business News
- Banking Study 2010Contents Introduction read more […]
- Banking Study 2010
Monetary Policy
Cost Estimates
- H.R. 1, Full-Year Continuing Appropriations ActCost estimate for the bill as posted on the rules website on February 11, 2011 […]
- H.R. 519, United Nations Tax Equalization Refund Act of 2011Cost estimate for the bill as introduced on February 8, 2011 […]
- H.R. 394, Federal Courts Jurisdiction and Venue Clarification Act of 2011Cost estimate for the bill as ordered reported by the House Committee on the Judiciary on January 26, 2011 […]
- H.R. 1, Full-Year Continuing Appropriations Act
Banking
- OCC Appoints Receiver for Canyon National BankThe Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for Canyon National Bank, Palm Springs, California. […]
- OCC Appoints Receiver for Canyon National Bank
Polish & Slavic Federal Credit Union
February 10, 2011, Alexandria VA. – NCUA Board Member, Michael E. Fryzel, attended and spoke at the ground breaking ceremony of what will soon be the newest Polish & Slavic Federal Credit Union branch on Tuesday February 8, 2011.
The new branch will be located in Bridgeview, Illinois and is an expansion of the venture the credit union began last year with its branch openings in Mt. Prospect and Norridge. With a rich history, the credit union has served the New York and New Jersey area for over 35 years.
“I was pleased to attend the Grand Opening of the Mt. Prospect and Norridge, Illinois branches last year. The potential for continued success of the Polish & Slavic Federal Credit Union was significant then and it remains significant now,” Fryzel noted. “This new branch will continue to bring quality credit union service and the community involvement for which Polish & Slavic is known to an expanded geographical region.”
“In just one year, the credit union has added over 2,500 Illinois residents to their membership rolls and over $40 million in deposits. I anticipate similar growth with the new Bridgeview location,” Fryzel stated.
Joining Fryzel at the groundbreaking was Claudette Struzik, Trustee from the Village of Bridgeview, Norma Pinion, Trustee from the Village of Bridgeview, Polish & Slavic Federal Credit Union Board Treasurer, Mrs. Irena Marchaj and Polish & Slavic Federal Credit Union Chief Operating Officer, Ms. Agnieszka Poslednik, Ron Culen VP/Regional Management Illinois Credit Union League, Frank Spula, President of Polish American Congress, Mary Sandra Anzelmo, President of Polish American Congress, Illinois Division, Father Wacław Lech, Saint Camillus Parish, Stanisław Zagata, President of Polish Highlanders Alliance of America, Tadeusz Czajkowski, President of Alliance of Polish Clubs, and Magda Kobiela, Chair of Finance Board at the Polish Teachers Association in America.
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
Polish & Slavic Federal Credit Union is a $1.4 billion financial institution with 14 branches. Headquartered in Brooklyn, New York, the credit union has a recognized presence across the Polish American community.
NCUA Board Member Michael Fryzel Breaks Ground with Polish &Slavic FCU
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 nearly 90 million account holders in all federal credit unions and the majority of state-chartered credit unions.