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The NCUA Board today is expected to release a proposed rule that would raise from $50 million to $100 million the asset-size threshold for a designation of "small entity," action the agency says will provide regulatory relief for an additional 745 credit unions in future rulemakings.

Today's meeting agenda also includes a request from Taunton Federal Credit Union of Taunton, Mass., for a community charter expansion and a quarterly report on the National Credit Union Share Insurance Fund.

NCUA Director of Examination and Insurance Larry Fazio told the Senate Banking Committee last week, during testimony addressing regulatory relief efforts for small institutions, that if the board adopts a $100 million threshold for the designation of "small entity," 77 percent of all credit unions would be covered "in future considerations of regulatory relief."

The small-entity proposal, IRPS 15-1, and proposed rule are being proposed under the Regulatory Flexibility Act.

Today's board meeting will be streamed live beginning at 10 a.m. Eastern.