ALEXANDRIA, Va. – The NCUA isn't likely to include in the final corporate rule two controversial provisions that would have limited credit unions to membership in one corporate credit union and provided for the sharing of expenses for the corporate credit union rescue among all members of corporate credit unions.
Those changes from the original proposed regulations are in the final corporate credit union rule the board is expected to vote on today in a meeting at NCUA offices in Alexandria.
Other provisions in the proposed rule, such as mandating director votes be recorded and establishing risk management committees, are in the final version.
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