NCUA Board Meeting Agenda Released
Posted by Anthony Demangone
NCUA hosts its monthly Board meeting this Thursday. Access the agenda here. Remember that draft items become available Thursday morning via the same link. Here's what is on tap, from a compliance point of view.
- Proposed Rule - Part 701 of NCUA's Rules and Regulations, Interpretive Ruling and Policy Statement (IRPS) 09-1, NCUA's Chartering and Field of Membership Policies.
- Final Rule - Section 701.21(f) of NCUA's Rules and Regulations, Exception to the Maturity Limit on Second Mortgages.
- Insurance Fund Report.
There is also a closed portion to the meeting which is described in the agenda as well.
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NAFCU members, we've released our Regulatory Alert on NCUA's recent proposal concerning corporate credit unions. Members may access it here.
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Stay tuned. Tomorrow, I'll start a short series on NCUA's Truth in Savings regulation changes that affect overdraft protection programs.