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April 2016 NCUA Board Video Available
Wednesday, May 18, 2016 6:35 AM

The video recording of the April 2016 open meeting of the National Credit Union Administration Board is now available on the agency’s website.

At the April open meeting, the NCUA Board unanimously approved two items:

  • A proposed rule to provide regulatory relief to federal credit unions by eliminating the full occupancy requirement in the current occupancy rule.
  • A proposed joint agency rule under the Dodd-Frank Wall Street Reform and Consumer Protection Act to regulate in federally insured credit unions with assets of $1 billion or greater incentive-based compensation plans that encourage inappropriate risk taking.

The chief financial officer also briefed the board on the performance of the National Credit Union Share Insurance Fund, which had a net income of $24 million in the first quarter of 2016 and a decline in the provision for insurance losses.

The Board Actions page of 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.

Archived videos of past board meetings may be viewed here, and each video remains on the site for one year.

For more information, please visit the NCUA Newsroom.