Insurance Report of Activity - National Credit Union ... · INSURANCE REPORT OF ACTIVITY - DETAIL...

Insurance Report of Activity

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of Public and Congressional Affairs (703) 518-6330

JULY 2010

Office of Examination and Insurance

RLEONARD

Typewritten Text

INSURANCE REPORT OF ACTIVITY - SUMMARY

SINGLE COMMON BOND EXPANSION MULTIPLE COMMON BOND EXPANSIONRegion Approved Denied Deferred # of FCU Pot Mem Region Approved Denied Deferred # of FCU Pot Mem

1 1 0 0 1 24,000 1 101 0 6 29 24,0582 0 0 0 0 0 2 279 2 9 63 61,4443 2 0 0 2 11,739 3 173 0 8 60 75,3594 0 0 0 0 0 4 85 0 2 28 15,6225 0 0 0 0 0 5 109 0 9 17 5,831

Total 3 0 0 3 35,739 Total 747 2 34 197 182,314% 100.0% 0.0% 0.0% % 95.4% 0.3% 4.3%

COMMUNITY EXPANSION COMMUNITY CONVERSIONRegion Approved Denied Deferred # of FCU Pot Mem # Dup. Region Approved Denied Deferred # of FCU Pot Mem # Dup.

1 0 0 0 0 0 0 1 0 0 0 0 0 02 0 0 0 0 0 0 2 1 0 0 1 888,553 13 0 0 0 0 0 0 3 0 0 1 0 0 04 0 0 0 0 0 0 4 1 0 0 1 80,130 05 0 0 0 0 0 0 5 1 0 0 1 643,412 0

Total 0 0 0 0 0 0 Total 3 0 1 3 1,612,095 1

7/1/2010 THRU 7/31/2010

Total 0 0 0 0 0 0 Total 3 0 1 3 1,612,095 1% 0.0% 0.0% 0.0% % 75.0% 0.0% 25.0%

LOW INCOME COMMUNITY EXPANSION UNDERSERVED AREARegion Approved Denied Deferred # of FCU Pot Mem # Dup. Region Approved Denied Deferred # of FCU Pot Mem # Dup.

1 0 0 0 0 0 0 1 0 0 0 0 0 02 0 0 0 0 0 0 2 0 0 0 0 0 03 0 0 0 0 0 0 3 0 0 2 0 0 04 0 0 0 0 0 0 4 0 0 3 0 0 05 0 0 0 0 0 0 5 0 0 0 0 0 0

Total 0 0 0 0 0 0 Total 0 0 5 0 0 0% 0.0% 0.0% 0.0% % 0.0% 0.0% 100.0%

Prepared by NCUA 8/6/2010


Charter Conversions Insurance Applications

FISCU to FCU FCU to FISCU NICU to FCUNICU to FISCU

Non CU to FCU

Non CU to FISCU

Region Number Assets Number Assets (millions) Region Number Number Number Number

1 0 0 0 0 1 0 0 0 02 0 0 0 0 2 0 0 0 03 1 125,447,226 0 0 3 0 0 0 04 0 0 0 0 4 0 0 0 05 1 45,990,627 0 0 5 0 0 0 0

Total 2 171,437,853 0 0 Total 0 0 0 0

Insurance ConversionFCU to NICU FCU to Non CU FISCU to NICU FISCU to Non CU

Region Number Assets Number Assets Number Assets Number Assets

1 0 0 0 0 0 0 0 02 0 0 0 0 0 0 0 03 0 0 0 0 0 0 0 04 0 0 0 0 0 0 0 05 0 0 0 0 0 0 0 0

Total 0 0 0 0 0 0 0 0

7/1/2010 THRU 7/31/2010

Prepared by NCUA Page 2 8/6/2010


CHARTER APPLICATIONSFCU Charters FISCU Charters

RegionNumber Denied

Number Approved

Potential Members

Number Denied

Number Approved

Potential Members

1 0 0 0 0 0 02 0 0 0 0 0 03 0 0 0 0 0 04 0 0 0 0 0 05 0 0 0 0 0 0

Total 0 0 0 0 0 0

7/1/2010 THRU 7/31/2010



HOUSEKEEPING TIP

RegionNumber

ApprovedNumber Denied

Number Deferred

Number of FCUs Region

Number Approved

Number Denied

Number Deferred

Number of Duplicates

1 45 0 0 1 1 0 0 0 02 8 0 0 6 2 0 0 0 03 2 0 0 2 3 0 0 0 04 4 0 0 2 4 0 0 0 05 2 0 0 2 5 0 0 0 0

Total 61 0 0 13 Total 0 0 0 0

7/1/2010 THRU 7/31/2010


Mergers Approved (Count)

RegionFCU into

FCUFCU into

FISCUFCU into

NFICUFISCU into

FCUFISCU into

FISCUFISCU into

NFICUNFICU into

FCUNFICU into

FISCU TOTAL

1 0 1 0 0 0 0 0 0 12 2 0 0 0 0 0 0 0 23 2 2 0 0 3 0 0 1 84 1 0 0 0 3 0 0 0 45 2 0 0 0 1 0 0 0 3

TOTAL 7 3 0 0 7 0 0 1 18

Merging Credit Union Assets

RegionFCU into

FCUFCU into

FISCUFCU into

NFICUFISCU into

FCUFISCU into

FISCUFISCU into

NFICUNFICU into

FCUNFICU into

FISCU TOTAL

1 0 5,368,226 0 0 0 0 0 0 5,368,2262 64,425,466 0 0 0 0 0 0 0 64,425,4663 4,110,406 8,524,484 0 0 203,149,097 0 0 5,404,375 221,188,3624 1,072,642 0 0 0 3,305,884 0 0 0 4,378,5265 4,595,606 0 0 0 4,631,764 0 0 0 9,227,370

TOTAL 74,204,120 13,892,710 0 0 211,086,745 0 0 5,404,375 304,587,950

7/1/2010 THRU 7/31/2010INSURANCE REPORT OF ACTIVITY - SUMMARY


INSURANCE REPORT OF ACTIVITY - DETAILSaturday, July 31, 2010

FEDERAL CREDIT UNION FIELD OF MEMBERSHIP EXPANSIONS

Single Common Bond Expansion

RegionCharter No. Name and Group Location Type of GroupCurrent Number of

MembersAssetsPotential Membership

Increase

124772 WORKERS UNITED Associational 25,000$1,707,070.00 24,000

FIELD OF MEMBERSHIP: Members of Local 6 UNITE HERE in New York, NY, who qualify for membership in accordance with its charter and bylaws in effect on July 1, 2010

NEW YORK, NY

313657 BYZANTINE CATHOLIC Associational 1,200$1,104,468.00 8,839

FIELD OF MEMBERSHIP: Employees, members, and students of Byzantine Catholic Eparchy of Parma located in Parma, Ohio;

PARMA, OH

Multiple Common Bond Expansion(3,000 or Greater)



Increase

118181 UMASSFIVE COLLEGE Associational 66,000$304,493,014.00 4,460

FIELD OF MEMBERSHIP: Sustaining, Life, and Legacy members of the University of Massachusetts Amherst Alumni Association, Inc. in Amherst, MA, who qualify for membership in accordance with its charter and bylaws in effect on 7/1/2010

AMHERST, MA

Page 1 of 13Friday, August 06, 2010 11:22:02 AM


122293 PERSONAL CARE AMERICA Occupational 6,000$17,097,651.00 5,100

FIELD OF MEMBERSHIP: Students attending Fairfield University and Fairfield College Preparatory School in Fairfield, CT.

FAIRFIELD, CT

211307 APPLE Occupational 650,000$1,293,523,558.00 9,000

FIELD OF MEMBERSHIP: Employees of Loudoun County Public Schools who work in Loudoun County, VA.

ASHBURN, VA

26328 NASA Associational 186,743$1,101,242,931.00 20,044

FIELD OF MEMBERSHIP: Employees and members of the Mathematical Association of America in Washington, D.C., who qualify for membership in accordance with its charter and bylaws in effect on August 5, 2007.

WASHINGTON, DC

37544 REDSTONE Occupational 877,385$2,766,846,939.00 3,040

FIELD OF MEMBERSHIP: Employees and volunteers of Huntsville Botanical Garden who work in Huntsville, AL.

HUNTSVILLE, AL

38905 CENTRAL SUNBELT Occupational 165,000$155,257,782.00 3,100

FIELD OF MEMBERSHIP: Students in grades (K-12) attending the Laurel School District headquartered in Laurel, Mississippi;

LAUREL, MS

324509 HOSPITALITY Occupational 150,000$35,566,435.00 3,761

FIELD OF MEMBERSHIP: Employees and Officials of The Service Companies who work in the United States of America and are headquartered, paid or supervised from Miami Lakes, Florida.

MIAMI LAKES, FL



322458 SHARONVIEW Occupational 2,124,717$986,737,294.00 48,000

FIELD OF MEMBERSHIP: Employees of Family Dollar, Inc. who work in, or are paid or supervised from Matthews, NC.

MATTHEWS, NC

42441 AMOCO Occupational 336,195$534,434,440.00 5,800

FIELD OF MEMBERSHIP: Employees of and students attending Alvin Community College in Alvin, TX and Pearland, TX.

ALVIN, TX

Community Conversion



Increase

215209 CALL Community 336,836$339,320,195.00 888,553

FIELD OF MEMBERSHIP: Persons who live, work (or regularly conduct business), worship, or attend school in, and businesses and other legal entities located in the City of Richmond and Henrico, Chesterfield, and Hanover Counties, Virginia.

RICHMOND AREA, VA

416351 LUFKIN Community 8,500$25,096,513.00 80,130

FIELD OF MEMBERSHIP: Persons who live, work, worship or attend school in, and businesses and other legal entities located in Angelina County, Texas.

LUFKIN, TX



565857 OAHU Community 100,000$45,990,627.00 643,412

FIELD OF MEMBERSHIP: Persons who live, work, worship, or attend school in, and businesses and other legal entities located in the County of Honolulu Neighborhood Board Numbers 1 through 23, and Numbers 34 and 35, bounded on the west at the intersection of the Pacific Coast and SR 93 head north 1.3 miles, go northeast 6 miles (approximately 2 miles west of SR 750), go northwest approximately 1 mile, go northeast 3.5 miles, go southeast to the intersection of SR 750, follow the Wheeler Army Airfield boundaries southeast then north to the intersection of SR 99 and Kahelu Ave., go east 0.25 miles to H2, continue east 8.6 miles (approximately 2.75 miles west of SR 73); go geographically southeast (staying approximately 2 miles west of SR 73) to SR 61 (approximately 1 mile west of where SR 83 intersects with SR 61), continue south 1.79 miles then turn southeast to Makapuu Point, then follow the Pacific coastline west to the beginning point at SR 93, Oahu, Hawaii.

HONOLULU, HI

Single Common Bond Expansions Current Month

Number of Expansions Approved

Number of Expansions Denied

Number of Expansions Deferred

Number of FCUs Receiving Expansions

Number of Potential Members Added

3

0

0

3

35,739

Multiple Common Bond Expansions Current Month





747

2

34

197



Number of Potential Members Added 182,314

Community Expansions Current Month






Community Conversion Expansions Current Month






3

0

1

3

1,612,095

Underserved Current Month




0

0

5



MERGERS APPROVED

Reg.

Continuing Charter

No.

Name and Locationof Continuing CU

Continuing CU Assets

Name and Locationof Merging CU

Merging CU Assets

Merging Charter

No.

Reason for Merger

164880 COMMUNITY CHOICE $435,337,490

Continuing Field of Membership: (State charter) Persons who reside, work, or worship within the Michigan counties of Genesee, Lapeer, Livingston,

KELLY $5,368,226.00FARMINGTON HILL, MI TROY, MI

14121 EXPANDED SERVICES



0

0

TIP Current Month

Number of TIPs Approved

Number of TIPs Denied

Number of TIPs Deferred

Housekeeping Current Month

Number of Housekeeping Approved

Number of Housekeeping Denied

Number of Housekeeping Deferred

Number of FCUs Receiving Housekeeping

61

0

0

13



Macomb, Oakland, St. Clair, Washtenaw and Wayne, along with other employee groups.

Merging Field of Membership: (Single) Full-time, salaried employees of Kelly Services, Inc., in the United States, who work in or are paid salaries or commissions from the corporate offices of Kelly Services, Inc., in Troy, Michigan; or licensed branch managers of Kelly Services, Inc.

219655 PRIORITY FIRST $44,605,609

Continuing Field of Membership: MCB serving approximately 30 select groups in Jefferyson and Clearfield Counties, Pennsylvania.

Merging Field of Membership: Low Income Community serving Jefferson and Clearfield Counties, Pennsylvania.

MEMBERS CHOICE PA $12,247,920.00BROOKVILLE, PA DUBOIS, PA


220042 FRANKLIN MINT $585,362,147

Continuing Field of Membership: MCB serving more than 500 select groups in the Philadelphia, PA area.

Merging Field of Membership: MCB serving approximately 25 select groups in the Philadelphia, PA area.

MAIN LINE HEALTH EMPLOYEES

$52,177,546.00

BROOMALL, PA BRYN MAWR, PA

22291 LACK OF SPONSOR SUPPORT

368225 TECH $280,329,058

Continuing Field of Membership: All people who live or work in communities in Indiana and Illinios and numerous SEGs

Merging Field of Membership: Employees of NW IN-AM Water Company who work in or are paid from Gary, Indiana.

NW IN-AM WATER EMP $1,409,561.00CROWN POINT, IN GARY, IN




37955 BRAGG MUTUAL $46,146,270

Continuing Field of Membership: Civilian employees of the Department of Defense (except those at Pope Air Force Base) who work in Fort Bragg, North Carolina and one hundred and one employee groups.

Merging Field of Membership: Employees of Veeder-Root Company who work in Elizabethtown, North Carolina.

VEEDER-ROOT EMP. CREDIT ASSN.

$556,467.00

FAYETTEVILLE, NC ELIZABETHTOWN, NC


368572 VIA CREDIT UNION $243,504,427

Continuing Field of Membership: Employees of Rick Cooper Sales & Services and several other SEGs.

Merging Field of Membership: Persons who live, work, worship, attend school, or volunteer in, and businesses and other legal entities located in Grant County, Indiana

GRANT COUNTY COMMUNITY

$7,114,923.00

MARION, IN MARION, IN


324829 HOPE FEDERAL CREDIT UNION

$125,447,226

Continuing Field of Membership: Members of the Enterprise Corporation of the Delta, 271 SEGs and an underserved area consisting of Shelby County, TN, Crittenden County, AK, and Tunica County, MS

Merging Field of Membership: Members of the United Woodcutters, Haulers and Helpers Association of Mississippi and 21 SEGs.

EAST CENTRAL $3,553,939.00

JACKSON, MS LOUISVILLE, MS

23563 POOR FINANCIAL CONDITION



368374 GUARDIAN $136,092,447

Continuing Field of Membership: Persons who work, worship, live in Montgomery, Autauga, Elmore, Chilton, Coosa, Tallapoosa, Lee, Russell, Macon, Crenshaw, Butler and Lowndes Counties, Alabama

Merging Field of Membership: Persons who work, worship, live in Montgomery, Autauga, Elmore and Butler Counties, Alabama

COMALA $61,292,351.00MONTGOMERY, AL MONTGOMERY, AL


368600 MIDFLORIDA $1,389,996,305

Continuing Field of Membership: Persons who live, work, worship, or attend school in, and businesses and other legal entities located in Polk, Highlands, Hardee, Okeechobee, Sumter, DeSoto and Gales Counties, FL, plus numerous SEGs.

Merging Field of Membership: U.S. Gov't employees who work in Hillsborough, Pinellas, Polk, Manatee, Sarasota, Lee, Pasco or Hernando Counties, FL (with exclusions), plus numerous SEGs.

BAY GULF $140,669,224.00LAKELAND, FL TAMPA, FL


361185 LEADERS CREDIT UNION $126,241,544

Continuing Field of Membership: Employees and family members in the medical, educational and communication fields. Also, underserved area which consists of the City of Jackson, in Madison County, TN.

Merging Field of Membership: Employees and Family members of Porter Cable/Black & Decker and DeVilbiss Company in Jackson, Mississippi.

PORTER-CABLE EMPLOYEES $1,187,522.00JACKSON, TN JACKSON, TN




361136 OHIO TEAMSTERS $11,869,468

Continuing Field of Membership: Active and retired members of the Teamsters Joint Council #41 of the state of Ohio.

Merging Field of Membership: Members of Teamsters Locals #413 and #284 in Columbus, OH, #637 in Zanesville, OH, #40 in Mansfield, OH, and #654 in Springfield, OH.

CENTRAL OHIO TEAMSTERS $5,404,375.00INDEPENDENCE, OH COLUMBUS, OH


44038 SERVICE 1 $74,712,106

Continuing Field of Membership: Employees of General Dynamic Land Systems, several wholly owned subsidiaries of Teledyne Corporation, and numerous SEGs around their branches in Muskegon, Michigan; Mobile, Alabama; and Neosha, Missouri

Merging Field of Membership: Persons who live, work, worship or attend school in, and businesses and other legal entities within the low-income community of Barry or Stone Counties, Missouri

TABLE ROCK $1,072,642.00MUSKEGON, MI SHELL KNOB, MO

24717 POOR FINANCIAL CONDITION

468510 COMMUNITY 1ST $290,166,308

Continuing Field of Membership: Community charter consisting of 64 counties in Iowa and Missouri.

Merging Field of Membership: Employees of the health care industry in Ottumwa, Iowa.

HI-TEC $2,681,111.00OTTUMWA, IA OTTUMWA, IA




466672 $43,378,479

Continuing Field of Membership: Multiple common bond including persons employed at or retired from John Deere Horicon Works of Deere and Company and Weyenberg shoe Manufacturing Co; and Fall River Foundry Company;

Merging Field of Membership: Employees of the Kraft Foods Company

UNITED $471,098.00, BEAVER DAM, WI

66417 LACK OF GROWTH

467190 SUMMIT $1,459,426,374

Continuing Field of Membership: State-chartered credit union who serves people who live in Dane, Columbia, Rock, Green, Dodge, Jefferson, Iowa, Sauk, Waukesha, Milwaukee, Racine, Ozaukee, and Washington Counties, Wisconsin as well as numerous SEGs in the community

Merging Field of Membership: State-chartered credit union who serves the employees of the Dings Corporation

DINGS EMPLOYEES $153,675.00MADISON, WI MILWAUKEE, WI


57029 KAPALAMA $3,573,155

Continuing Field of Membership: Kapalama has a low-income community serving persons who live, work, worship, or attend school in, and businesses or other legal entities in the City and County of Honolulu Neighborhood Community District Number 15 in Hawaii.

Merging Field of Membership: Employees of Pacific Construction, Tecon Realty, and Pacific Construction sponsored and controlled joint ventures who work in Hawaii and numerous SEGs.

PACIFIC HAWAII $2,877,320.00HONOLULU, HI HONOLULU, HI

10796 LOSS / DECLINING

FIELD OF MEMBERSHIP



51845 ALOHA PACIFIC $727,953,614

Continuing Field of Membership: Employees of the City and County of Honolulu, State of Hawaii, and numerous select group additions.

Merging Field of Membership: Members of the Word of Life Christian Center in Honolulu, HI; employees of the Word of Life Christian Center who work in Honolulu, HI; students attending the Word of Life Academy or the Word of Life Christian Center Adult Education Classes in Honolulu, HI.

WORD OF LIFE $1,718,286.00HONOLULU, HI HONOLULU, HI

24660 POOR MANAGEMEN

T

568271 TWINSTAR $704,082,741

Continuing Field of Membership: All individuals who live, work, worship or go to school within all school districts in the state of WA, and numerous group additions.

Merging Field of Membership: All individuals who live, work, worship or go to school within all school districts in the state of WA, employees of Kenworth Truck Co., and those Kenworth Truck Co. employees transferred to Paccar Inc.

RENTON COMMUNITY $4,631,764.00OLYMPIA, WA RENTON, WA


RegionCharter No. Name and Location Date of ActionAssets

CHARTER CONVERSION: STATE TO FEDERAL

368185 / 24829 HOPE COMMUNITY CU $125,447,226 7/13/2010JACKSON, MS



565857 / 24830 OAHU ONE $45,990,627 7/29/2010HONOLULU, HI

Other Insurance:


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