Press

ALEXANDRIA, VA (Oct. 3, 2014) – The video recording of the September 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.

The September open Board meeting’s agenda included three items:

• A final rule repealing NCUA’s regulation on unfair or deceptive advertising or practices in response to changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act and making non-substantive changes to the agency’s rules to modify terminology and reflect changes in the agency’s operations.
• Expansion of the community charter of First Service Federal Credit Union to serve eight counties around Columbus, Ohio.
• A briefing on the performance of the Temporary Corporate Credit Union Stabilization Fund, which achieved a positive net position for the first time.

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 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 United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 98 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.