NATIONAL CREDIT UNION ADMINISTRATION 7535-01


NOTICE OF MEETING


TIME AND DATE:  10:00 a.m., Thursday, July 20, 2006

PLACE:
Board Room, 7th Floor, Room 7047
1775 Duke Street
Alexandria, VA  22314-3428

STATUS: Open

MATTERS TO BE CONSIDERED:

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).

RECESS:  11:15 a.m.

TIME AND DATE: 11:30 a.m., Thursday, July 20, 2006

PLACE:
Board Room, 7th Floor, Room 7047
  1775 Duke Street
Alexandria, VA  22314-3428

STATUS:  Closed

MATTERS TO BE CONSIDERED:

1.  Merger under Part 708a of NCUA’s Rules and Regulations.  Closed pursuant to Exemption (8).

2.  Part 703 of NCUA’s Rules and Regulations, Pilot Program Request.  Closed pursuant to Exemption (8).

3.  Administrative Action under Section 206(g) of the Federal Credit Union Act. Closed pursuant to Exemptions (6) and (8).

FOR FURTHER INFORMATION CONTACT: Mary Rupp, Secretary of the Board, Telephone:
703-518-6304