Closed Board Meeting May 24, 2012

May 2012
Closed Board Meeting May 24, 2012

Board Action Bulletin

The NCUA Board voted unanimously to uphold the decision of the Region V Director and deny an appeal of the Director’s disapproval under Section 701.14 of NCUA’s Rules and Regulations.

The NCUA Board considered four supervisory matters that remain 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.

The 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, the NCUA also educates the public on consumer protection and financial literacy issues.

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

Last modified on
07/31/19