WASHINGTON—The overhead transfer rate used by NCUA to account for costs related to providing share insurance to state-chartered CUs will be addressed at the agency’s open board meeting today, after it was rescheduled from yesterday.
The meeting was moved to today to permit NCUA Acting Chairman Mark McWatters to testify before the Senate Banking Committee in a hearing titled "Fostering Economic Growth: Regulator Perspective." What McWatters had to say to the Senate can be found here.
According to the agency’s agenda, today's open meeting will consider a request for comment on OTR methodology.
Other items on the meeting schedule:
- Final Rule on Part 709, Safe Harbor
- Final rule on Part 747, Statutory Inflation Adjustment of Civil Money Penalties
- Final rule on Part 792, Freedom of Information Act
- Proposed rule on Part 704, Corporate Credit Unions
- Board Briefing on the Enterprise Solution Modernization Program