NCUA Holding Closed Meeting Tomorrow
The NCUA Board has scheduled a closed meeting on a supervisory matter for 10:00 a.m. tomorrow.
The agency isn't saying what the nature of the action it will be discussing.
The meeting is in addition to next Thursday's regularly scheduled session. At that meeting, the board is scheduled to discuss extending the waiver of capital standards rules corporate credit unions so they may use their capital levels as of Nov. 30, for purposes of determining regulatory compliance on items such as capital ratio requirements, earnings retention, lending limits and borrowing limits.
The board issued the waiver last April.
At Thursday's meeting, the board is also scheduled to discuss a proposed rule governing short-term small-dollar loans.
It is also scheduled to hear a monthly report on the health of the NCUSIF.