The NCUA has announced a closed board meeting scheduled for 10 a.m. on Monday, May 14.


The board will consider "supervisory activity" at the meeting, which is closed pursuant to exemptions (8), (9)(i)(B) and 9(ii).


Though supervisory activity could mean a credit union is on the verge of being seized or shuttered, a previous closed board meeting April 12 to consider supervisory matters has not yet resulted in a conservatorship.

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