Closed Board Meeting - March 14, 2013 | National Credit Union Administration

March 2013

Closed Board Meeting - March 14, 2013

Board Action Bulletin

The NCUA Board unanimously approved the merger of Central Corporate Credit Union into Alloya Corporate Federal Credit Union.

The NCUA Board unanimously approved Landmark Credit Union’s Purchase and Assumption of Hartford Savings Bank, subject to final approval from the FDIC.

The NCUA Board considered two requests under Section 205(d) of the Federal Credit Union Act that remain confidential at this time.

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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, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 124 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.