March 2016 NCUA Board video available
ALEXANDRIA, VA (April 22, 2016) — The video recording of the March 2016 open meeting of the National Credit Union Administration Board is now available on the agency’s website.
Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year.
At the March open meeting, the NCUA Board unanimously approved two items:
- A final rule to provide greater flexibility and regulatory relief for federal credit unions that invest in bank notes.
- Two temporary management positions to lead and coordinate NCUA’s Enterprise Solutions Modernization Program to upgrade technology, improve efficiency and reduce examination costs.
The Chief Operating Officer also briefed the Board on the performance of the Temporary Corporate Credit Union Stabilization Fund, which finished 2015 in a positive net position.
NCUA posts these videos as part of the agency’s ongoing efforts to provide transparency and to allow those unable to attend Board meetings the opportunity to become better informed. An interval between the meeting and posting is necessary for the videos to comply with Section 508 of the Rehabilitation Act for the hearing and visually impaired.
The Board Actions page of NCUA’s website has more information, including Board agendas, which are posted at least one week in advance of each open meeting, copies of Board Action Bulletins, which summarize the meetings, copies of Board memorandums and other documents.
About National Credit Union Administration (NCUA)
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 135 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.