Most Requested
bank banking business corporate credit credit cards credit union credit unions debt Earned Income Tax Credit (EITC) economy employment farming federal income taxes Federal Reserve finance free tax help Government identity theft income Internal Revenue Service international IRS issues jobs lending loans marketing money mortgage mortgages problems Processing Amended Returns real estate resume rules sales savings skills small business speaking tax credit Taxes unemployment work-
Categories
Archives
Home | Contact Us | News Archives | Resources
Interest Rates
- US: H15 -0.15 2011-04-21 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.10 2011-04-21 FRB Federal funds effective rate
- US: H15 0.14 2011-04-21 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 1.39 2011-04-21 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.16 2011-04-21 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)
- Maker of Rascal Scooters to Pay $100,000 for Violating FTC's Do Not Call RulesCalled Consumers on Registry Using Phone Numbers Gathered From Sweepstakes Entry Forms […]
- Maker of Rascal Scooters to Pay $100,000 for Violating FTC's Do Not Call Rules
Commerce News
- Press Release: NTIA Releases IPv6 "Readiness Tool"NTIA urged businesses to prepare for the transition to Internet Protocol version 6 (IPv6), an updated Internet addressing system, with the release of a new "IPv6 Readiness Tool." […]
- Press Release: NTIA Releases IPv6 "Readiness Tool"
Small Business News
- 4/20/11 - Thinking About How You Start—Why the Legal Form of Organization that a Small Business Chooses MattersRelease Date: Wednesday, April 20, 2011 Release Number: SBA Number: 11-21 ADV Contact: Patrick Morris (202) 205-6941 Email: patrick.morris@sba.gov read more […]
- 4/20/11 - Thinking About How You Start—Why the Legal Form of Organization that a Small Business Chooses Matters
Monetary Policy
Cost Estimates
- S. 498, Independent Task and Delivery Order Review Extension Act of 2011Cost estimate for the bill as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on April 13, 2011 […]
- S. 191, Amateur Radio Emergency Communications Enhancement Act of 2011Cost estimate for the bill as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on April 13, 2011 […]
- S. 99, American Medical Isotopes Production Act of 2011Cost estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on April 12, 2011 […]
- S. 498, Independent Task and Delivery Order Review Extension Act of 2011
Banking
- OCC Appoints Receiver for Rosemount National BankThe Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for Rosemount National Bank, Rosemount, Minnesota. […]
- OCC Appoints Receiver for Rosemount National Bank
NCUA Chairman Posts Video
April 21, 2011, Alexandria, Va. — National Credit Union Administration (NCUA) Board Chairman Debbie Matz has posted a video on the agency’s website to provide tips for writing effective comment letters. Earlier today, the NCUA Board voted to make significant changes to its final rule on corporate credit unions based on 227 comment letters. Effective comment letters can and do change the rules that NCUA issues.
“In crafting new rules and rewriting existing ones, NCUA recognizes the need to adopt sensible regulations,” Chairman Matz says in the video. “Our goal is to impose the least possible burden on credit unions – especially smaller credit unions. If credit unions want a voice in the regulatory process, comment letters on a proposed rule are an important way to influence the content of the final rule. Comment letters also assist us in fine-tuning and improving regulatory proposals. So, comments really do matter.”
Below are Matz’s four tips:
1) Read Proposed Rules and Other Comments – Visit www.ncua.gov to find information about each NCUA proposed rule and the deadline for comments. (Click Comment on a Proposed Regulation.) Prospective commenters can also use the NCUA website to view already submitted comment letters written by other stakeholders.
2) Decide Whether You Support or Oppose – Consider whether to support or oppose each provision of a proposed rule. Commenters may choose to support certain provisions and oppose others, or choose to support or oppose the entire proposal.
3) Consider Unintended Consequences – Read the Preamble of each proposed rule to understand NCUA’s intent. Think about changes that credit unions might have to implement in order to comply with the proposal. Then write to NCUA about any unintended consequences the rule might create.
4) Propose Alternative Solutions – Commenters who oppose a proposed rule, whether in whole or in part, are encouraged to propose reasonable alternatives. NCUA is open-minded about workable solutions consistent with sound public policy.
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
Matz concludes, “The federal rulemaking process is often about striking the fairest possible balance – between the requirements of the law, our mission to protect safety and soundness, and our effort to minimize any adverse impact on credit unions. So, I hope you view the comment letter process as an opportunity to proactively shape your credit union’s future.”
To view the five-minute video, click here.
NCUA 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 Fund, insuring the deposits of more than 90 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.