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Closed Board Meeting May 4, 2011

Board Action Bulletin
The NCUA Board unanimously approved placing Valued Members Federal Credit Union of Jackson, Mississippi into conservatorship under Section 206(h)(1) of the Federal Credit Union Act.
 
The NCUA Board unanimously approved placing Hmong American Federal Credit Union of St. Paul, Minnesota into conservatorship under Section 206(h)(1) of the Federal Credit Union Act.

All open NCUA Board meetings are tweeted live. Follow @TheNCUA on Twitter. Board Action Memorandums are available online at www.ncua.gov under About NCUA/NCUA Board Actions/Draft Board Actions. NCUA rule changes are posted online at www.ncua.gov under Regulatory, Publications, and Reports/NCUA Regulations/Recent Final Rules.

Prepared by the Office of Public and Congressional Affairs