ALEXANDRIA, Va.—The video recording of the Oct. 19, 2017, open meeting of the National Credit Union Administration board is now available on the agency’s website.
At the October open meeting, the board unanimously approved four items:
- A final rule enhancing due process and providing consistency with other federal financial institutions regulators in the supervisory appeals process
- A final rule providing uniform, comprehensive procedures to govern the agency’s regulatory appeals process
- A proposed rule to reduce regulatory burdens by removing some of the capital planning and stress testing requirements currently applicable to federally insured credit unions with assets of $10 billion or greater
- A request for information to be published in the Federal Register on standardizing the loan, deposit, and investment information collected electronically during examinations
The chief financial officer briefed the board on the performance of the National Credit Union Share Insurance Fund, which posted a net loss for the third quarter due to increased provisions for insurance losses.
Archived videos of past board meetings may be viewed here, and each video remains on the site for one year.
Also, the video recording of the Oct. 18 public briefing on NCUA’s proposed 2018-2019 budget is now available online here.
The NCUA board is scheduled to consider the final version of the 2018-2019 budget at its Nov. 16 open Board meeting. As it does with all open board meetings, the agency will provide a livestream of the meeting, available through its website, and live updates on Twitter; follow @TheNCUA.
A detailed budget proposal, budget presentation, public comments on the proposed budget, and Board Chairman J. Mark McWatters’ statement on the proposed budget, are available on the agency’s Budget and Supplementary Materials webpage. The page also includes extensive agency budget documents—including frequently asked questions, office-by-office budget breakdowns, and budget justifications—from previous years.