Federal Housing Finance Agency information collection

09/30/09: Affordable Housing Program information collection. Notice of submission for approval from the Office of Management and Budget. Federal Housing Finance Agency.

Comments are due 11/30/09. PDF Text

Federal Reserve Board final rule

09/30/09: Reimbursement for Providing Financial Records; Recordkeeping Requirements for Certain Financial Records. Final rule. Federal Reserve Board.

Effective 01/01/10. PDF Text

SBA 7(a) loan program, maximum fixed interest rate

09/30/09: Business Loan Program Maximum Allowable Fixed Rate. Notice. Small Business Administration.

Effective 10/01/09. PDF Text

Small Business Administration GO Loan Pilot; extension of regulatory waiver

09/29/09: Gulf Opportunity Pilot Loan Program (GO Loan Pilot). Notice of extension of waiver of regulatory provisions. Small Business Administration.

Waiver extended until 09/30/10. PDF Text

Special notice: NCUA Letter to CUs (mortgage modification programs)

09/29/09: NCUA Letter to CUs 09-CU-19, Evaluating Residential Real Estate Mortgage Loan Modification Programs.

• Letter to CUs PDF
  
• Enclosed Supervisory Letter PDF
  

Special notice: NCUA Letter to CUs (5300 data)

09/29/09: NCUA Letter to CUs 09-CU-18, Credit Union Financial Trends 01/01/09 - 06/30/09.

• Letter to CUs PDF
  
• Highlights of financial trends PDF
  

Community Development Financial Institutions Program; notice of funds availability

09/28/09: Notice of Funds Availability for the FY2010 Funding Round of the Community Development Financial Institutions Program. CDFI Fund.

Applications for financial or technical assistance awards are due 11/18/09. PDF Text

Special notice: NCUA Board meeting documents

09/24/09: NCUA Board approves NCUSIF premium and stabilization assessment; other actions. All action items for yesterday's board meeting were approved 3-0. (Links from NCUA Web site below).

• National Credit Union Share Insurance Fund Premium and Stabilization Fund Assessment. Item 1a; Item 1b; Item 1c
• Central Liquidity Fund Policies. Item 2a; Item 2b
• Revisions to Temporary Corporate Credit Union Liquidity Guarantee Program. Item 3a
• Insurance Fund Report. Item 4a; Item 4b
  

FDIC Board open meeting agenda

09/25/09: Notice of Agency Meeting. FDIC.

Open meeting is 10 a.m. 09/29/09. PDF Text

NCUA open meeting; item added

09/24/09: Sunshine Act Meeting. Item added (Temporary Corporate CU Liquidity Guarantee Program). Notice. NCUA.

Open meeting is at 10 a.m.. PDF Text

Special notice: Revised NCUA Board meeting agenda

09/23/09: Addition to open board meeting agenda. NCUA. Revisions to the Temporary Corporate Credit Union Liquidity Guaranty Program is added to the agenda for the 09/24 open meeting. Link

NCUA Board meeting agenda

09/22/09: Sunshine Act Notice of Agency Meeting. NCUA.

Open meeting is 10 a.m. 09/24/09; closed meeting is 11 a.m. 09/24/09. PDF Text

Community Development Financial Institutions Fund; proposed collection

09/21/09: Certification of Material Events Form. Notice and request for comments. Community Development Financial Institutions Fund.

Comments are due 11/20/09. PDF Text

OFAC blocked persons designation

09/18/09: Unblocking of Specially Designated Nationals and Blocked Persons Pursuant to Executive Order 12978. Notice. Office of Foreign Assets Control.
Effective 09/11/09. PDF Text

IRS final rule, reporting of discharges of indebtedness

09/17/09: Information Reporting for Discharges of Indebtedness. Final regulations and removal of temporary regulations. IRS.
Effective 09/17/09 (see rule for applicability date). PDF Text

FDIC final rule, deposit insurance

09/17/09: Deposit Insurance Regulations; Temporary Increase in Standard Coverage Amount; Mortgage Servicing Accounts; Revocable Trust Accounts; International Banking; Foreign Banks. Final rule. FDIC.
Effective 10/19/09. PDF Text

FinCEN, renewal of Form 8300

09/16/09: Renewal Without Change of the FinCEN/IRS Form 8300. Notice and request for comments. Financial Crimes Enforcement Network.
Comments are due 11/16/09. PDF Text

Treasury: Financial Literacy and Education Commission meeting

09/15/09: Open Meeting of the Financial Literacy and Education Commission. Notice. Treasury.

Meeting is 10 a.m. on 09/24/09. PDF Text

Capital at U.S. Central FCU; statement

09/15/09: Corporate capital. Statement of NCUA Chairman Debbie Matz. HTML

Special notice: U.S. Central FCU audit release

09/14/09: Statement on U.S. Central FCU audit release. NCUA.
Statement dated 09/10/09. HTML
NCUA Q&A on U.S. Central audit. DOC

Federal Reserve Board: Federal Open Market Committee statement

09/14/09: Federal Open Market Committee; Domestic Policy Directive of Aug, 11 and 12, 2009. Federal Reserve Board.
PDF Text

OFAC blocked persons designation

09/14/09: Additional Designations, Foreign Narcotics Kingpin Designation Act. Notice. Office of Foreign Assets Control.
Effective 09/03/09. PDF Text

No notices for credit unions today

SBA Dealer Floor Plan Pilot Initiative; comment period reopened

09/10/09: Dealer Floor Plan Pilot Initiative. Notice of reopening of comment period. Small Business Administration.
Comments are due 10/26/09. PDF Text

Note re. late postings

Credit Union Register has experienced some technical difficulties this week, hence the delay in postings. Things should be cleared up Thursday. Thanks.

OFAC final rule, Sudanese sanctions regs

09/09/09: Sudanese Sanctions Regulations. Final rule. Office of Foreign Assets Control.
Effective 09/09/09. PDF Text

IRS, Health Savings Account rules; employer comparable contributions

09/08/09: Employer Comparable Contributions to Health Savings Accounts Under Section 4980G, and Requirement of Return for Filing of the Excise Tax Under Section 4980B, 4980D, 4980E or 4980G. Final regulations. IRS.
Effective 09/08/09. PDF Text

IRS final rules, 403(b) plans/minimum distribution rules

09/08/09: Reasonable Good Faith Interpretation of Required Minimum Distribution Rules by Governmental Plans. Final regulations. IRS.
Effective 09/08/09. PDF Text

OFAC final rule, Cuban assets control regs

09/08/09: Cuban Assets Control Regulations. Final rule. Office of Foreign Assets Control.
Effective 09/03/09. PDF Text

FDIC open board meeting

09/08/09: Sunshine Act meeting. Notice. FDIC.
Meeting is 10 a.m. 09/09/09. PDF Text
Link to meeting documents (includes extension through 2013 in $250,000 deposit insurance limit).

No notices for credit unions today

Special notice: NCUA town hall meetings

09/03/09: Town hall meetings. Announcement. NCUA. NCUA Chairman Debbie Matz announced three town hall meetings to discuss corporate credit unions and other issues. The meetings are Sept. 15 i St. Louis, Mo.; Sept. 30 at National Harbor, Md.; and Oct. 5 in San Diego. Registration is required. HTML

Special notice: NCUA on Credit CARD Act

09/03/09: Credit CARD Act 21-day notice requirement. Announcement. NCUA. The announcement says credit unions should comply with the law but that examiners should work with credit unions "on a case-by-case basis." HTML

HUD home equity conversion mortgage, counseling

09/02/09: Home Equity Conversion Mortgage (HECM) Counseling Standardization and Roster. Final rule. Department of Housing and Urban Development.
Effective 10/02/09. PDF Text

No notices for credit unions today