ALEXANDRIA, Va. (July 10, 2015) – The video recording of the June 2015 open meeting of the National Credit Union Administration Board is now available on the agency’s website.
Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year.
The June open Board meeting’s agenda consisted of six items:
- A proposed rule giving federally insured credit unions greater flexibility and autonomy in safely and soundly offering member business loans;
- A recommendation to extend the current interest-rate ceiling on most federal credit union loans through March 10, 2017, to help federal credit unions remain competitive;
- A notice under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to identify rules covering corporate credit unions, directors, officers and employees, and money laundering for possible modification, simplification or repeal;
- A final policy statement creating a Minority Depository Institution Preservation Program to support minority credit unions;
- A final interagency rule amending regulations on loans in areas with special flood hazards; and
- A briefing by the Office of Minority and Women Inclusion on the final interagency policy statement on assessing diversity policies and practices among federally regulated financial services institutions.
NCUA posts these videos as part of the agency’s ongoing efforts to provide transparency and to allow those unable to attend Board meetings the opportunity to become better informed. An interval between the meeting and posting is necessary for the videos to comply with Section 508 of the Rehabilitation Act for the hearing and visually impaired.
The Board Actions page of NCUA’s website has more information, including Board agendas, which are posted at least one week in advance of each open meeting, copies of Board Action Bulletins, which summarize the meetings, copies of Board memorandums and other documents.
NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share
Insurance Fund, insuring the deposits of account holders in all federal credit unions and the overwhelming majority of
state-chartered credit unions. At MyCreditUnion.gov, NCUA also educates the public on consumer protection and financial literacy issues.