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Board Action Bulletins

A Summary of Actions Taken at NCUA Board Meetings

Summary of Actions taken at NCUA Board Meetings 2007

2006 Board Action Bulletins

Open Board Meeting 12/14/2006

  1. National Credit Union Share Insurance Fund (NCUSIF) Operating Level for 2007.
  2. Final Rule:  Part 708a of NCUA’s Rules and Regulations, Conversion of Insured Credit Unions to Mutual Savings Banks.
  3. Final Rule:  Part 703 of NCUA’s Rules and Regulations, Permissible Investments for Federal Credit Unions

Closed Board Meeting 12/14/2006

Open Board Meeting 11/16/2006

1.  NCUA’s 2007 Annual Performance Budget. BAM and Annual Performance Budget

2.  NCUA’s 2007/2008 Operating Budget.

3.  NCUA’s Overhead Transfer Rate.

4.  NCUA’s 2007 Operating Fee Scale.

5.  Final Rule:  Part 740 of NCUA’s Rules and Regulations, Accuracy of Advertising and Notice of Insured Status.

Closed Board Meeting 11/16/2006

Open Board Meeting 10/19/2006

1.  Quarterly Insurance Fund Report. 

2.  Interim Final Rule:  Part 701 of NCUA’s Rules and Regulations, General Lending Maturity and Other Financial Services.

3.   Final Rule:  Section 748.1(c) of NCUA’s Rules and Regulations, Suspicious
 Activity Reports.

Open Board Meeting 9/21/2006

Final Rule:  Part 745 of NCUA’s Rules and Regulations, Share Insurance Coverage

Closed Board Meeting 9/21/2006

Closed Board Meeting 7/31/2006

Open Board Meeting 7/20/2006

1.  Request from American Eagle Federal Credit Union to Convert to a Community Charter.

2.  Request from Aerospace Credit Union to Convert to a Federal Community Charter.

3.  Quarterly Insurance Fund Report.

4.  Reprogramming of NCUA’s Operating Budget for 2006.

5.  Proposed Rule:  Part 703 of NCUA’s Rules and Regulations, Permissible Investments for Federal Credit Unions.

6.  Final Rule:  Section 701.21(c)(7) of NCUA’s Rules and Regulations, Interest Rate Ceiling.

7.  Interest Rate Ceiling Determination by NCUA’s Board under 12 U.S.C. 1757(5).

 

Closed Board Meeting 7/20/2006

Open Board Meeting 6/22/2006

1.  Proposed Rule:  Part 708a of NCUA’s Rules and Regulations, Conversion of Insured Credit Unions to Mutual Savings Banks.

2.  Proposed Rule:  Section 748.1(c) of NCUA’s Rules and Regulations, Suspicious
Activity Reports.

3.  Proposed Rule:  Part 740 of NCUA’s Rules and Regulations, Accuracy of Advertising and Notice of Insured Status.

4.  Final Rule:  Section 701.21(h) of NCUA’s Rules and Regulations, Third-Party Servicing of Indirect Vehicle Loans.

5.  Final Rule:  Interpretive Ruling and Policy Statement (IRPS) 06-1, Section 701.1 of NCUA’s Rules and Regulations, Amendments to NCUA’s Chartering and Field of Membership Policies.

Closed Board Meeting 06/22/2006

Closed Board Meeting 05/25/2006

Open Board Meeting 4/20/2006

1. Quarterly Insurance Fund Report

2. Final Revisions to the Federal Credit Union Bylaws.

3. Final Rule: Part 707 of NCUA’s Rules and Regulations, Truth in Savings.

Closed Board Meeting 4/20/2006

Open Board Meeting 3/16/2006

1.  Requests from two (2) Federal Credit Unions to Convert to Community Charters.

2.  NCUA’s Annual Performance Budget 2006.

3.  NCUA’s Strategic Plan 2006-2011.

4.  Interim Final Rule and Request for Comments:  Part 745 of NCUA’s Rules and Regulations, Share Insurance Coverage.

Open Board Meeting 2/16/2006

1. Quarterly Insurance Fund Report. Highlights and Handout

2. Advance Notice of Proposed Rulemaking and Request for Comment: Part 715 of NCUA’s Rules and Regulations, Supervisory Committee Audits.

Closed Board Meeting 2/16/2006

Open Board Meeting 1/19/2006

1. Proposed Rule: Interpretive Ruling and Policy Statement (IRPS) 06-1, Section 701.1
of NCUA’s Rules and Regulations, Amendments to NCUA’s Chartering and Field of
Membership Policies.

2. Final Rule: Section 741.6(a) of NCUA’s Rules and Regulations, Financial and
Statistical and Other Reports.

3. Final Rule: Section 701.34 of NCUA’s Rules and Regulations, Uninsured
Secondary Capital Accounts.

4. Final Rule: Part 742 of NCUA’s Rules and Regulations, Regulatory Flexibility
Program.

Closed Board Meeting 1/19/2006