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Interest Rates- US: H15 -1.18 2012-02-02 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.11 2012-02-02 FRB Federal funds effective rate
- US: H15 0.09 2012-02-02 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
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- US: H15 0.12 2012-02-02 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
- Trade (FTC)
- FTC Action Halts Telemarketers Who Sold Bogus Credit CardsAllegedly Charged Illegal Up-Front Fee, Took Consumers' Money Without Their Consent […]
- FTC Action Halts Telemarketers Who Sold Bogus Credit Cards
- Commerce News
- Commerce Spectrum Management Advisory Committee MeetingTopics: Spectrum Management CSMAC Date: February 03, 2012 The Commerce Spectrum Management Advisory Committee will meet March 1, 2012 from 9 a.m. to 12 p.m., Pacific Standard Time. The meeting will be held at the Stanford Institute for Economic Policy Research (SIEPR), Room 130, 366 Galvez Street, Stanford, CA 04305. The Committee will deliberate on the fi […]
- Commerce Spectrum Management Advisory Committee Meeting
- Small Business News
- Small Business GDP: Update 2002-2010Landing page summary: U.S. gross domestic product (GDP) is the market value of the goods and services produced by labor and property located in the United States. This research takes each component of private nonfarm GDP and estimates the proportions produced by small and large businesses. This study is another installment in the series of studies sponsored […]
- Small Business GDP: Update 2002-2010
- Monetary Policy
- Cost Estimates
- H.R. 3521, Expedited Line-Item Veto and Rescissions Act of 2011Cost estimate for the bill as ordered reported by the House Committee on Rules on January 31, 2012 […]
- S. 896, Public Lands Service Corps Act of 2011Cost estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on Novemaber 10, 2011 […]
- S. 2038, STOCK ActCost estimate for the bill as reported by the Senate Committee on Homeland Security and Government Affairs on January 26, 2012 […]
- H.R. 3521, Expedited Line-Item Veto and Rescissions Act of 2011
- Banking
- Office of the Comptroller of the Currency Hosts Workshop in DelawareThe Office of the Comptroller of the Currency will host a workshop for directors of nationally chartered community banks and federal savings associations in Wilmington, Delaware, at the Hotel DuPont, March 19-21, 2012. […]
- Office of the Comptroller of the Currency Hosts Workshop in Delaware
NCUA Charter Approval
August 26, 2010, Alexandria, Va. – The National Credit Union Administration (NCUA) today
approved the charter for Shepherd’s Federal Credit Union, located in Charlotte, N.C. The credit
union was chartered to serve the approximately 1,400 members and employees of Unity, the
Way of Holiness Christian Church in Charlotte.
Based on its field of membership, NCUA granted the new credit union a low-income
designation.
“Shepherd’s Federal Credit Union will offer hands-on help and long-term hope to a group that is
striving to build a more prosperous community,” NCUA Chairman Debbie Matz said. “With
their low-income designation, the credit union will have opportunities to participate in special
NCUA programs – including valuable technical assistance grants and low-cost loans to provide
needed services and stimulate economic activities.”
Shepherd’s FCU expects to open its doors in September 2010. Initially, the credit union plans to
offer regular shares, unsecured loans, and used vehicle loans. Planned future services include
share certificates of deposit, new auto loans, check cashing, and an informational website.
The credit union is sponsored by the Neighborhood Church Coalition located in Charlotte. The
Neighborhood Church Coalition is a nonprofit organization which provides organizational
support to help churches become successful, especially those located in impoverished
neighborhoods.
Shepherd’s Federal Credit Union is the third new federal credit union chartered in 2010.
The National Credit Union Administration 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
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
Fund, insuring the deposits of over 90 million account holders in all federal credit unions and
the overwhelming majority of state-chartered credit unions.