The NCUA board will vote to finalize three rules during its next open board meeting on Sept. 17.
However, the agenda for the closed meeting, scheduled for the previous day on Wednesday, Sept. 16, is more intriguing: The board will consider four instances of supervisory action.
The regulator is not required to provide details regarding the supervisory actions, but the four separate matters are more than are usually considered during a monthly board meeting.
During the open meeting, the board will vote to finalize rules regarding aggregate lending limits for corporate credit unions, statutory inflation of civil money penalties and an interpretive ruling and policy statement regarding the Regulatory Flexibility Act asset threshold.
The board will also consider a request by the $342 million Charlotte Metro CU in Charlotte, N.C. to expand its community charter, and review the corporate stabilization fund quarterly report.
The open meeting will commence at 10 a.m. Eastern Time and will be streamed live online. The steaming link will be provided on the NCUA's website the morning of Sept. 16.
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