ALEXANDRIA, Va. — NCUA announced a full agenda for its Nov. 15 board meeting.
The board will consider the application of Shell New Orleans Federal Credit Union to convert to a community charter. These applications have been few and far between at the NCUA Board level in recent years due to limited delegation of authority to the regions and the American Bankers Association lawsuit that restricted NCUA policy on adopting underserved areas to multiple common bond credit unions only.
The agency will also take up a final rule aimed at guarding against conflicts of interest involving eligible obligations.
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