ALEXANDRIA, Va. (Nov. 10, 2015) – The video recording of the October 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 October open Board meeting’s agenda consisted of four items:
- A final rule to modernize the risk-based capital requirements for complex credit unions and better protect the credit union system, shield the National Credit Union Share Insurance Fund from losses and fulfill NCUA’s statutory obligations;
- A proposed rule to provide a measure of regulatory relief by giving federal credit unions more choices when investing in bank notes;
- Revisions to the agency’s delegations of authority that will streamline the process for granting or amending community charters that involve a population of more than one million; and
- A briefing by the Chief Financial Officer on the performance of the Share Insurance Fund, which had a net income of $40.9 million through the first three quarters of 2015.
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.