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November 2016 NCUA Board Meeting Video Available
Thursday, December 15, 2016 6:40 AM

The video recording of the Nov. 17, 2016, 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 November meeting, the Board unanimously approved two items:

  • Operating budgets for 2017 and 2018 to fund NCUA’s essential activities and strategic priorities, including implementing the recommendations of the Exam Flexibility Initiative.
  • A final rule making technical changes to the agency’s Community Development Revolving Loan Fund regulation to improve transparency, organization and ease of use by credit unions.

The Board also received briefings on:

  • The performance of the National Credit Union Share Insurance Fund in the third quarter;
  • The Share Insurance Fund’s equity ratio projections and the recommended 2017 premium range of 3 to 6 basis points for credit union budgeting purposes; and
  • The 2017 overhead transfer rate.