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Interest Rates- US: H15 -0.31 2011-05-12 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.09 2011-05-12 FRB Federal funds effective rate
- US: H15 0.12 2011-05-12 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 1.20 2011-05-12 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.11 2011-05-12 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
- Trade (FTC)
- Operators of Online "Virtual Worlds" to Pay $3 Million to Settle FTC Charges That They Illegally Collected and Disclosed Children's Personal InformationThe operators of 20 online virtual worlds have agreed to pay $3 million to settle Federal Trade Commission charges that they violated the Children’s Online Privacy Protection Rule by illegally collecting and disclosing personal information from hundreds of thousands of children under age 13 without their parents’ prior consent. […]
- Operators of Online "Virtual Worlds" to Pay $3 Million to Settle FTC Charges That They Illegally Collected and Disclosed Children's Personal Information
- Commerce News
- Federal Register Notice: Commerce Spectrum Management Advisory Committee Change of Meeting LocationThe Commerce Spectrum Management Advisory Committee will meet May 25, 2011, from 9 a.m. to 12 p.m. Please note this change of location: The Committee meeting will now be held in Room 6059, at U.S. Department of Commerce, 1401 Constitution Avenue, NW., Washington, DC. (182 KB PDF file) […]
- Federal Register Notice: Commerce Spectrum Management Advisory Committee Change of Meeting Location
- Small Business News
- Letter dated 5/12/11 - Department of the Interior, Fish and Wildlife ServiceLanding page summary: Endangered and Threatened Wildlife and Plants; Listing and Designation of Critical Habitat for the Chiricahua Leopard Frog; Proposed Rule May 12, 2011 Printer Friendly Version read more […]
- Letter dated 5/12/11 - Department of the Interior, Fish and Wildlife Service
- Monetary Policy
- Cost Estimates
- H.R. 828, Federal Employee Tax Accountability Act of 2011Cost estimate for the bill as ordered reported by the House Committee on Oversight and Government Reform on April 13, 2011 […]
- H.R. 1683, State Flexibility ActCost estimate for the bill as introduced in the House of Representatives on May 3, 2011 […]
- S. 398, Implementation of National Consensus Appliance Agreements Act of 2011Cost estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on April 12, 2011 […]
- H.R. 828, Federal Employee Tax Accountability Act of 2011
- Banking
- Acting Comptroller Testifies on FSOCActing Comptroller of the Currency John Walsh discussed the Financial Stability Oversight Council in testimony before the Senate Committee on Banking, Housing, and Urban Affairs. […]
- Acting Comptroller Testifies on FSOC
Myers Named Director of NCUA
Va. (May 5, 2011) – National Credit Union Administration (NCUA) Board Chairman Debbie Matz today announced the selection of William Myers, of Ithaca, N.Y., to lead the Office of Small Credit Union Initiatives (OSCUI). Myers will assume his duties at NCUA June 6.
“Bill Myers is nationally recognized for his exceptional and creative work supporting small credit unions throughout the country,” said Chairman Matz. “His extensive knowledge of issues affecting small credit unions, proven expertise in community development, and demonstrated strategic leadership skills make him the ideal candidate to lead this office. Indeed, not only small credit unions, but NCUA and the entire credit union community will benefit from Bill’s new role in the agency.”
A highly proficient financial professional and accomplished credit union leader, Myers recently served as the interim CEO at Santa Cruz Community Credit Union. There, he managed the credit union through a transition by reorganizing the staff, redesigning the product portfolio, and refocusing the credit union’s mission.
Myers previously worked as a senior fellow at the Aspen Institute, where he also consulted on credit union economic development, community opportunity, and strategic planning. Additionally, he has served on the boards of the CheckSpring Bank Corporation and the State of New York Mortgage Authority.
In 1979, Myers founded Alternatives Federal Credit Union. He led the institution until 2007. During his tenure, the credit union grew to become a $50 million institution serving 8,700 mostly low-income members.
NCUA’s OSCUI fosters credit union development and the effective delivery of financial services by small credit unions. OSCUI also works to ensure the viability and successful operation of credit unions. The office administers the Community Development Revolving Loan Program, which supports low-income designated credit unions serving low-income communities.
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.