October 2017 NCUA Board Meeting Video Available

ALEXANDRIA, Va. (Nov. 9, 2017) – The video recording of the Oct. 19, 2017, open meeting of the National Credit Union Administration 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 October open meeting, the Board unanimously approved four items:

  • A final rule enhancing due process and providing consistency with other federal financial institutions regulators in the supervisory appeals process.
  • A final rule providing uniform, comprehensive procedures to govern the agency’s regulatory appeals process.
  • A proposed rule to reduce regulatory burdens by removing some of the capital planning and stress testing requirements currently applicable to federally insured credit unions with assets of $10 billion or greater.
  • A request for information to be published in the
    Federal Register on standardizing the loan, deposit, and investment information collected electronically during examinations.

The Chief Financial Officer briefed the Board on the performance of the National Credit Union Share Insurance Fund, which posted a net loss for the third quarter due to increased provisions for insurance losses.

The NCUA posts these videos as part of the agency’s ongoing efforts to provide transparency and to allow those unable to attend Board meetings the opportunity to become better informed. An interval between the meeting and posting is necessary for the videos to comply with Section 508 of the Rehabilitation Act for the hearing and visually impaired.

The
Board Actions page of the NCUA’s website has more information, including Board agendas, which are posted at least one week in advance of each open meeting; copies of Board Action Bulletins, which summarize the meetings; copies of Board memorandums and other documents.

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