ALEXANDRIA, Va. –Three items are on the agenda for today’s NCUA board meeting.
The agency will address a notice of proposed rulemaking regarding amending and simplifying its share insurance rules, as well as a proposal to enact the Fair Hiring in Banking Act.
In addition, staff will deliver an update on the agency’s cybersecurity programs and cybersecurity trends in the industry, the agency said.
According to the NCUA’s 2023 spring rulemaking agenda, the agency has been considering a rule to establish a trust accounts category to govern both revocable and irrevocable trusts and provide consistent treatment for mortgage servicing account balances that are held to satisfy principal and interest obligations to a lender, NAFCU noted.
Also on Agenda
Additionally, the board and staff plan to discuss a proposed rule that would replace a lifetime ban for those with disqualifying convictions to work in the banking sector and create an exception for criminal acts committed before the age of 21. The rule would enact the Fair Hiring in Banking Act, which was passed in last year’s National Defense Authorization Act.
The meeting begins at 10 a.m. ET and is available via livestream on the agency’s website. CUToday.info will provide complete coverage.
Agency to Host Webinar
Separately, NCUA will host a webinar today on serving the Hispanic market. The event will begin at 2 p.m. ET.
According to the agency, panelists from Coopera and Inclusiv will “share success stories and tips on developing a strategy to serve the growing Hispanic community.”
The webinar will also include information about the credit union diversity self-assessment.
Natasha Hewlett, NCUA credit union diversity program manager, will provide a brief overview of the CU diversity self-assessment and introduce the panel session “Serving the Hispanic Market.” The panel will include moderator Victor Corro, CEO, Coopera Consulting; Rene Vargas Martinez, director, Puerto Rico Network, Inclusiv; and Pablo DeFilippi, SVP membership development and networking engagement, Inclusiv.
How to Register
The webinar will be close captioned, and there is no charge. Participants will be able to log in and view the event on their computers or mobile devices using the registration link. They should allow pop-ups from this website, NCUA said.
To register, go here.