Newsroom

March 14, 2018

NCUA Board to discuss FCU bylaws, disciplinary procedures today

The NCUA Board is expected to issue an advanced notice of proposed rulemaking to the Federal Credit Union Bylaws during its open board meeting today.

NAFCU will update credit unions on the details of the proposed amendments to the bylaws. The association in recent years has reviewed the bylaws and formed a working group to offer suggestions to the NCUA on ways to modernize them, as they have not been revised since 2007.

The meeting begins at 10 a.m. Eastern and will be livestreamed on the NCUA's website.

Also on the board's agenda today is a request for comment on proposed suspension and debarment procedures.