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The NCUA Board next Thursday is slated to address a final rule automatically qualifying more associational groups for inclusion in federal credit union membership fields, a proposed rule on Interest on Lawyer Trust Accounts and a quarterly report on the National Credit Union Share Insurance Fund.

NCUA's original associational FOM proposal suggested adding seven groups to the list of those automatically qualified; the final slated for board action next week adds another five. NAFCU supported the automatic inclusion aspect of the 2014 proposal but had serious concerns about its threshold determination measures.

Regarding IOLTAs, credit unions were cleared to offer such accounts with federal share insurance in December 2014, but NCUA said it would wait to address other parts of the Credit Union Share Insurance Fund Parity Act concerning similar escrow accounts through a proposed rulemaking.

In other action next week, the board is slated to consider the following:

• technical amendments to Part 704 of the final rule on corporate credit unions and a proposed rule on the aggregate lending limit for corporate credit unions;
• an exemption request regarding Part 712 from Connecticut's Department of Banking.

The board will also be briefed on the final interagency rule on minimum requirements for appraisal management companies.

The NCUA Board will hold a closed meeting on April 29 to consider administrative and supervisory actions.