ALEXANDRIA, Va. (Oct. 23, 2018) – The National Credit Union Administration Board has re-scheduled its December open meeting and posted
the video recording of its September open meeting.
The December meeting is now scheduled for Thursday, Dec. 13, beginning at 10 a.m. Eastern. The meeting, like all NCUA open board meetings, will be available on livestream from the agency’s website.
At the September open meeting, the Board unanimously approved two items:
- A proposed rule amending the agency’s regulation requiring real estate appraisals for certain transactions to provide a measure of regulatory relief.
- A request from the Texas Credit Union Department to revise its member business lending rule to provide parity with the NCUA’s rule following changes made in June 2018.
The Chief Financial Officer briefed the Board on the second-quarter performance of the National Credit Union Share Insurance Fund, which continued recent growth trends.
The Office of the General Counsel briefed the Board on the adoption of a resolution to appoint two administrative law judges in the Office of Financial Institution Adjudication.
The NCUA posts board meeting videos to provide transparency and to better inform people unable to attend Board meetings. 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.
Board Actions webpage has detailed information about the Board’s activities—including meeting agendas, Board Action Bulletins, and Board memorandums—as well as archived meeting videos.
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.