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 next week, which has been rescheduled from Thursday, June 22, to Friday, June 23, at 10 a.m. ET.
The meeting was moved to Friday to permit NCUA Acting Chairman Mark McWatters to testify before the Senate Banking Committee. The hearing is titled "Fostering Economic Growth: Regulator Perspective."
According to the agency’s agenda, the June 23 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