NATIONAL CREDIT UNION ADMINISTRATION      7535-01

TIME AND DATE:   10:00 a.m., Thursday, May 24, 2007

PLACE:          Board Room, 7th Floor, Room 7047
1775 Duke Street
Alexandria, VA  22314-3428

STATUS:        Open

MATTERS TO BE CONSIDERED:

1. Proposed Rule:  Section 701.2 of NCUA’s Rules and Regulations, Federal Credit Union Bylaws.                                                                                                                     
2. Proposed Rule:  Interpretive Ruling and Policy Statement (IRPS) 07-1, Section 701.1  of NCUA’s Rules and Regulations, Amendments to NCUA’s Chartering and Field of Membership Policies.
3.  Final Rule:  Part 701 of NCUA’s Rules and Regulations, Technical Amendments.

RECESS:  11:15 a.m.

TIME AND DATE:   11:30 a.m., Thursday, May 24, 2007

PLACE:Board Room, 7th Floor, Room 7047
1775 Duke Street
Alexandria, VA  22314-3428

STATUS:        Closed

MATTERS TO BE CONSIDERED:

1.  Action under Section 205 of the Federal Credit Union Act.  Closed pursuant to Exemptions (6), (7), and (8).

FOR FURTHER INFORMATION CONTACT: Mary Rupp, Secretary of the Board, Telephone:  703-518-6304