The NCUA is set to hold a closed meeting Oct. 23 involving a personnel change at a troubled credit union and an administrative enforcement action.
The agenda for the NCUA's closed meeting, held after the public meeting, includes section 701.14 of the NCUA's Rules and Regulations, which relates to changes to an "official or senior executive officer in credit unions that are newly chartered or are in troubled condition."
This portion of the meeting is closed pursuant to Exemptions (6) and (8) of the Sunshine Act.
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