ALEXANDRIA, VA (February 13, 2014) – The video recording of the January open meeting of the Board of the National Credit Union Administration 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.
The January open board meeting’s agenda included four items:
- NCUA’s Strategic Plan for 2014 through 2017, and Annual Plan for 2014 and 2015;
- The Federal Credit Union Loan Interest Rate Ceiling;
- A Final Rule, Parts 703, 715 and 741, on the use of Financial Derivative Transactions to Mitigate Interest Rate Risk; and
- A Proposed Rule, Part 702, on Prompt Corrective Action and Risk-Based Capital Measures.
NCUA’s Board posts these videos as part of the agency’s ongoing efforts to provide transparency and to give those unable to attend Board meetings the opportunity to become better informed about agency actions. 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 the agency’s website has more information, including Board agendas, which are posted one week in advance of each open meeting, and copies of Board Action Bulletins, which summarize the meetings, Board memorandums and other documents.
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 U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 96 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions