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Board Action Bulletins

A Summary of Actions Taken at NCUA Board Meetings

Rules and Regulations, Federal Credit Union Bylaws.

2008 Board Action Bulletins


Open Board Meeting 12/18/2008

  1. Final Rule – Parts 712 and 741 of NCUA Rules and Regulations, Credit Union Service Organizations.
  2. Final Rule – Part 706 of NCUA Rules and Regulations, Unfair or Deceptive Acts or Practices
  3. Insurance Fund Report.

Closed Board Meeting 12/18/2008

Closed Board Meeting 12/02/2008

Open Board Meeting 11/20/2008

  1. NCUA's Examination Program.
  2. NCUA's 2009/2010 Operating Budget.
  3. NCUA's Overhead Transfer Rate.
  4. NCUA's Operating Fee Scale.
  5. Final Rule - Part 702 of NCUA's Rules and Regulations, Prompt Corrective Action.
  6. Final Rule - Part 701 and 705 of NCUA Rules and Regulations, Low Income Definition.
  7. Final Rule - Part 701 of NCUA Rules and Regulations, Interpretive Ruling and Policy Statement (IRPS) 08-2, Criteria to approve service to underserved areas.
  8. Quarterly Insurance Fund Report.

Closed Board Meeting 10/31/2008

Open Board Meeting 10/16/2008

  1. Quarterly Insurance Fund Report.
  2. Proposed Rule - Section 740.4 of NCUA's Rules and Regulations, Requirements for the Official Sign.
  3. Final Rule - Part 721 of NCUA's Rules and Regulations, Incidental Powers.

Closed Board Meeting 10/16/2008

Open Board Meeting 09/25/2008

  1. Proposed Rule - Part 742 of NCUA's Rules and Regulations, Regulatory Flexibility Program.
  2. Final Rule - Part 740 of NCUA's Rules and Regulations, The Official Advertising Statement.
  3. Final Rule - Part 792 of NCUA Rules and Regulations, Freedom of Information Act and Privacy Act.

Closed Board Meeting 09/25/2008

Open Board Meeting 07/24/2008

  1. Request from Horizon One Federal Credit Union to Convert to a Community Charter.
  2. Quarterly Insurance Fund Report.
  3. Reprogramming of NCUA’s Operating Budget for 2008.
  4. Proposed Rule: Parts 702 and 704 of NCUA’s Rules and Regulations, Prompt Corrective Action; Amended Definition of Post-Merger Net Worth.
  5. Final Interpretive Ruling and Policy Statement (IRPS) 08-1, Guidance Regarding Prohibitions Imposed by Section 205(d) of the Federal Credit Union Act.
  6. Request for Board Authorization to Seek Approval for a New Agency Seal.

Open Board Meeting 06/19/2008

  1. Advanced Notice of Proposed Rule – Part 723 of NCUA’s Rules and Regulations, Member Business Loans.

Closed Board Meeting 06/19/2008

Open Board Meeting 05/22/2008

  1. NCUA’s Outreach Task Force: Data Collection.
  2. Board Briefing: Proposed Rule - Part 706 of NCUA’s Rules and Regulations, Unfair or Deceptive Acts or Practices.
  3. Proposed Rule: Part 701 of NCUA’s Rules and Regulations, Interpretive Ruling and PolicyStatement (IRPS) 08- Criteria to approve service tounderserved areas.
  4. Proposed Rule: Part 721 of NCUA’s Rules and Regulations, Incidental Powers.

Closed Board Meeting 05/22/2008

Open Board Meeting 04/17/2008

  1. Quarterly Insurance Fund Report.
  2. Notice of Proposed Rulemaking: Parts 701 and 705 of NCUA’s Rules and
    Regulations, The Low-Income Definition.
  3. Notice of Proposed Rulemaking: Part 740 of NCUA’s Rules and Regulations, The
    Official Advertising Statement.
  4. Proposed Rule: Part 792 of NCUA’s Rules and Regulations, Revisions for the
    Freedom of Information Act and Privacy Act Regulations.
  5. Proposed Rule: Parts 712 and 741 of NCUA’s Rules and Regulations, Credit Union
    Service Organizations.

Closed Board Meeting 04/17/2008

Open Board Meeting 03/20/2008

Proposed Rule:Interpretive Ruling and Policy Statement (IRPS) 08-1, Guidance Regarding Prohibitions Imposed by Section 205(d) of the Federal Credit Union Act.

Closed Board Meeting 03/20/2008

Open Board Meeting 02/21/2008

  1. Quarterly Insurance Fund Report.
  2. Final Rule: Part 797 of NCUA’s Rules and Regulations, Procedures for Debt Collection.

Open Board Meeting 01/24/2008

  1. Advance Notice of Proposed Rulemaking: Parts 708a and 708b of NCUA’s Rules and Regulations - Mergers, Conversion from Credit Union Charter, and Account Insurance Termination.
  2. Interest Rate Ceiling Determination under Section 107(5) of the Federal Credit Union Act.

Closed Board Meeting 01/24/2008

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