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NCUA Staff Attorney Pamela Wu explains a proposed rule to extend the acceptance deadline for low-income designation to Board Member Michael Fryzel and Board Chairman Debbie Matz. The two presidential appointees stuck to an easy agenda, as they are now forced to agree on new rules and actions until a replacement for Gigi Hyland fills the empty third seat.

ALEXANDRIA, Va. — NCUA Chairman Debbie Matz and Board Member Michael Fryzel stuck to a controversy-free agenda Thursday morning during the agency’s October board meeting, approving financial statements and a new community charter and proposing an extension of its August low-income credit union offer from 30 to 90 days.

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