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Closed Board Meeting November 17, 2010

Board Action Bulletin

The NCUA Board unanimously approved the creation of a Loss Share Pilot Program as a potential option for resolving large, complex problem credit unions at the lowest cost to the National Credit Union Share Insurance Fund.
 
The NCUA Board voted unanimously to uphold the decisions of the Asset Management and Assistance Center denying three insurance claims arising from the liquidation of St. Paul Croatian Federal Credit Union.
 
The NCUA Board unanimously approved Tawana Y. James to head the agency’s new Office of Minority and Women Inclusion (OMWI) to be established effective January 21, 2011.
 
The NCUA Board considered one Pilot Program that remains confidential at this time.
 
The NCUA Board considered four supervisory matters that remain confidential at this time.
 
The NCUA Board considered one Personnel matter that remains confidential at this time.

Prepared by the Office of Public and Congressional Affairs