LICU Deadline Leads Light NCUA Board Agenda
The NCUA has set a light agenda for its Oct. 18 board meeting, with only one new proposed rule and no final rules planned.
According to the agenda posted on the NCUA’s website, the board will consider a proposed rule on the acceptance deadline for low-income designation.
Also on the agenda is the consideration of a request from the $380 million BMI Federal Credit Union of Dublin, Ohio to convert to a community charter, and the presentation of the quarterly insurance fund report.
The open board meeting at 10 a.m. will be followed by a closed meeting, in which the board will consider a charter and purchase and assumption request, consideration of supervisory activities, and a personnel matter.
It also will be the board's first regular meeting as a two-person panel since Gigi Hyland stepped down on Oct. 5. Michael Fryzel and Debbie Matz remain.