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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