ALEXANDRIA, Va. (9/17/15)--A look at National Credit Union Administration partnerships, the purchase and assumption process and a call for field-of-membership suggestions highlight the September issue of The NCUA Report. The publication was released Wednesday.
NCUA Chair Debbie Matz, in her column, described two recent partnerships the agency has undertaken. The first, with the AARP, has led to webinars, Twitter chats and other efforts designed to promote financial literacy among older Americans.
The second, with the Small Business Administration (SBA), has brought new grants, webinars and training aimed at helping credit unions take advantage of SBA guarantees on loans to small businesses.
In his column, board member J. Mark McWatters outlined a few field-of-membership issues he is pushing the agency to consider or reconsider. Some of those issues include: requirements for community charters, restrictions on multiple group credit unions, association common bond provisions, requirements for rural credit unions and treatment of underserved areas.
McWatters also urged credit union stakeholders to reach out to him with any field-of-membership concerns they might have.
Other items in this month’s The NCUA Report include:
Vice Chair Rick Metsger’s column on the NCUA’s need to be proactive in improving its own governance;