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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.

The NCUA tweets all open Board meetings live. Follow @TheNCUA on Twitter, and access Board Action Memorandums and NCUA rule changes at www.ncua.gov. The NCUA also live streams, archives and posts videos of open Board meetings online.



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.

--NCUA--

Office of Public & Congressional Affairs

703.518.6330
pacamail@ncua.gov

Contacts:

John Fairbanks
Office: 703.518.6336
Mobile: 571.438.0801
jfairbanks@ncua.gov

Ben C. Hardaway
Office: 703.518.6333
Mobile: 703.298.5223
bhardaway@ncua.gov

Kenzie Snowden
Office: 703.518.6334
ksnowden@ncua.gov

"Protecting credit unions and the consumers who own them through effective regulation"

10/3/2018 1:20 PM