ALEXANDRIA, Va. – While nothing really stands out on June’s NCUA Board meeting agenda (see story page 3), which includes a community charter conversion, a corporate field of membership expansion, and amendments to various rules including Truth in Savings, credit union trade group officials are already speculating on next month’s agenda. Possibly in anticipation of its August recess, NCUA is expected to hold a hefty board meeting in July. Everything from incidental powers to the CUSO reg could be on the menu, according to credit union trade group officials. Acting NCUA Chairman Dennis Dollar has already let the cat out of the bag that the extended examination cycle is anticipated for the July meeting. The extended exam cycle follows Dollar’s regulatory flexibility philosophy. Both the CUSO and the incidental powers regulations are also part of the agency’s recent quest to provide credit unions regulatory relief where feasible.

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