ALEXANDRIA, Va.—The video recording of the April 2016 open meeting of the NCUA board is now available on the agency’s website.
Archived videos of past board meetings may be viewed here, and each video remains on the site for one year.
At the April open meeting, the NCUA board unanimously approved two items:
- A proposed rule to provide regulatory relief to federal credit unions by eliminating the full occupancy requirement in the current occupancy rule.
- A proposed joint agency rule under the Dodd-Frank Wall Street Reform and Consumer Protection Act to regulate in federally insured credit unions with assets of $1 billion or greater incentive-based compensation plans that encourage inappropriate risk-taking.
The CFO also briefed the board on the performance of the National Credit Union Share Insurance Fund, which had a net income of $24 million in the first quarter of 2016 and a decline in the provision for insurance losses.