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Closed Board Meeting April 17, 2008

Board Action Bulletin

The Board voted unanimously to uphold the decision of the Asset Management and Assistance Center denying an insurance claim arising from the liquidation of Huntington WV Policemen's FCU.

The Board denied the request to lift or modify the Final Order of Prohibition against Mark E. Kasson.

The Board unanimously approved the application of the procedures of Part 708a of NCUA's regulations, with modifications, to the proposed merger of Northeast Community Credit Union into Haverhill Bank.

The Board considered a matter under Section 208 of the Federal Credit Union Act that remains confidential at this time.


Prepared by the Office of Public and Congressional Affairs