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July NCUA Board Meeting Video Now Available Online
Thursday, August 21, 2014 6:35 AM

The video recording of the July 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.

The July open Board meeting’s agenda included five items:

  • A proposed rule to provide federal credit unions with regulatory relief and greater flexibility managing fixed assets by removing the waiver requirement for credit unions to exceed the 5-percent aggregate limit on fixed-asset investments.
  • Reprogramming of NCUA’s 2014 operating budget with a net reduction in overall expenditures of $1.1 million for the remainder of the year.
  • A request to expand the community charter of Call Federal Credit Union to serve the entire Richmond, Virginia, Metropolitan Statistical Area.
  • A briefing on the performance of the corporate credit union legacy assets and the NCUA Guaranteed Notes program, which concluded that, at present, future Corporate Stabilization Fund assessments are unlikely.
  • A briefing on the performance of the National Credit Union Share Insurance Fund, which showed positive second-quarter results.

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 one week in advance of each open meeting, and copies of Board Action Bulletins, which summarize the meetings, Board memorandums and other documents.