Closed Board Meeting – December 14, 2011

Board Action Bulletin

The NCUA Board unanimously approved a Request for Consent under Section 205(d) of the Federal Credit Union Act.

The NCUA Board unanimously approved upholding Region II’s denial of Scranton Times Downtown Federal Credit Union’s request for a waiver of the loans to one borrower limit in Section 723.8 of NCUA’s Rules and Regulations.

The NCUA Board unanimously approved the merger of Treasure State Corporate Credit Union into Kansas Corporate Credit Union.

The NCUA Board unanimously approved awarding Catalyst Corporate Federal Credit Union (Catalyst) of Plano, Texas, the exclusive right to acquire Western Bridge Corporate Federal Credit Union (Western Bridge) of San Dimas, Calif.

The NCUA Board considered five supervisory matters that remain confidential at this time.

The NCUA Board considered one personnel matter that remains confidential at this time.

The NCUA tweets all open Board meetings live. Follow @TheNCUA on Twitter, and access Board Action Memorandums and NCUA rule changes at www.ncua.gov. The NCUA also live streams, archives and posts videos of open Board meetings online.

IR Press

Share
Published by
IR Press

Recent Posts

OCC Announces Enforcement Actions for November 2024

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against…

2 days ago

Remarks by Secretary of the Treasury Janet L. Yellen on the 30th Anniversary of the Community Development Financial Institution Fund

As Prepared for Delivery Good afternoon. It’s an honor to welcome President Clinton to Treasury today…

3 days ago

Treasury Sanctions Gazprombank and Takes Additional Steps to Curtail Russia’s Use of the International Financial System

Treasury imposes sanctions on dozens of Russian banks, securities registrars, and finance officials; OFAC issues…

3 days ago

Acting Comptroller Testifies on State of the Federal Banking System

WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the state of the federal banking system…

3 days ago

Remarks by Assistant Secretary for International Finance Brent Neiman on the U.S. Cross-Border Payments Agenda

As Prepared for Delivery Thank you very much for the opportunity to be here today, and…

5 days ago