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Closed Board Meeting - October 18, 2012

Board Action Bulletin

The NCUA Board voted unanimously to delegate to the Director of the Office of Corporate Credit Unions the authority to place U.S. Central Bridge Federal Credit Union into involuntary liquidation.

The NCUA Board voted unanimously to authorize the Director of the Office of Corporate Credit Unions to approve the sale of select assets and shares of First Corporate Credit Union to Catalyst Corporate Federal Credit Union.

The NCUA Board unanimously approved the Selection of Mark Treichel as the Executive Director.
 
The NCUA considered one supervisory matter that remains confidential at this time.
 

The NCUA considered one Charter and Purchase and Assumption Request that remains confidential at this time.

 


Prepared by the Office of Public and Congressional Affairs