A Higher Power Postpones NCUA Board Meeting

ALEXANDRIA, Va.-NCUA Chairman Dennis Dollar postponed the agency’s monthly board meeting due to a higher calling: Capitol Hill. The NCUA Board meeting was scheduled to begin at 10 a.m. on Thursday, March 27, which also happened to be the exact time Dollar was called upon by House Financial Services Committee Chairman Mike Oxley (R-Ohio) to testify before the committee on the regulatory relief legislation, which has not been introduced yet this session. NCUA’s March meeting was pushed back to 2 p.m. on March 27. The final regulation of field of membership and a proposed rule to ease the member business lending regulation were expected to be among the items on the NCUA Board agenda. See the April 2 issue of Credit Union Times for full coverage of the regulatory relief hearing and the NCUA Board meeting. Also visit www.cutimes.com for important news updates on these events.