Compliance Blog

Apr 15, 2008

Crowded Agenda; Smile!

The agenda for this week's NCUA Board Meeting has been released.  And it is a doozy!  Here's what NCUA is looking at:

  1. The Official Advertising Statement.  NCUA is looking at proposed changes to Part 740 of its rules and regs.  From our sources, the change doesn't sound major, but it might affect credit union advertising.
  2. NCUA is looking at proposed changes to Parts 712 and 741, which will affect credit unions with CUSOs.
  3. NCUA will also look at proposed changes to Parts 701 and 705 of its rules and regs to clarify the definition of "low-income." 

There are other minor items on the agenda, which you can access here.

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As I noted last week, NAFCU recently held its annual Regulatory Compliance School in Alexandria, Virginia.  123 attended.  76 sat for exams.   Hats off to them all!  Here are a few photos from the event. 

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