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NAFCU will attend today's NCUA Board meeting during which the board will issue a proposed rule on involuntary liquidation and claims procedures, and hear a briefing on call report modernization. Today's meeting is slated to begin at 10 a.m. Eastern.

NAFCU will keep members apprised of developments. Those interested can also watch the NCUA Board meeting live on the agency's website.

In September 2016, the NCUA announced that less information was required about credit union service organizations on insured credit unions' call reports. NAFCU welcomed the move and urged that more be done to ease credit unions' reporting burden. An agency working group has been gathering information through a public comment-and-review process on how it can modernize credit unions' call reports.

Also on the board's agenda today is a briefing on the civil monetary penalty statutory inflation adjustment and the agency's 2018-2022 strategic plan and 2018 annual performance plan.

Regarding the agency's 2018-2022 draft strategic plan, NAFCU told the NCUA in December that while the association and its members generally support the outlined goals and initiatives, additional efforts should be made to reduce credit unions' regulatory burden and help address cybersecurity threats.