NCUA reschedules December open meeting

The National Credit Union Administration Board has re-scheduled its December open meeting and posted the video recording of its September open meeting. The December meeting is now scheduled for Thursday, Dec. 13, beginning at 10 a.m. ET. The meeting, like all NCUA open board meetings, will be available on livestream from the agency’s website. At the […]

The National Credit Union Administration Board has re-scheduled its December open meeting and posted the video recording of its September open meeting.

The December meeting is now scheduled for Thursday, Dec. 13, beginning at 10 a.m. ET. The meeting, like all NCUA open board meetings, will be available on livestream from the agency’s website.

At the September open meeting, the Board unanimously approved two items:

  • A proposed rule amending the agency’s regulation requiring real estate appraisals for certain transactions to provide a measure of regulatory relief.
  • A request from the Texas Credit Union Department to revise its member business lending rule to provide parity with the NCUA’s rule following changes made in June 2018.

The Chief Financial Officer briefed the Board on the second-quarter performance of the National Credit Union Share Insurance Fund, which continued recent growth trends.

The Office of the General Counsel briefed the Board on the adoption of a resolution to appoint two administrative law judges in the Office of Financial Institution Adjudication.

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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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