ALEXANDRIA, Va.—The video recording of the September 2015 open meeting of the NCUA 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 consisted of five items:
- A final rule and policy statement raising the asset ceiling of a “small entity” to $100 million, providing special consideration for regulatory relief in future rulemakings to 76% of all federally insured credit unions.
- A request from Charlotte Metro Federal Credit Union, of Charlotte, N.C., to expand its community charter.
- A final rule giving corporate credit unions greater flexibility to provide bridge loans to credit unions awaiting funds from the Central Liquidity Facility, thereby expediting access to needed liquidity.
- A final rule adjusting civil monetary penalties for inflation, as required by federal law.
- A briefing by the chief financial officer on the performance of the Temporary Corporate Credit Union Stabilization Fund, which remained in a positive net position.
Webinar Covers New Flood Insurance Regs
The agency also announced it is offering a flood insurance webinar.
In partnership with other federal regulators, the webinar will cover recent updates to the flood insurance regulations.
The free one-hour webinar is scheduled for Thursday, Oct. 22, beginning at 12:30 p.m. ET. Online registration is open here. Registrants will receive a reply email with instructions for logging onto the webinar. Participants are encouraged to submit questions in advance through the email link on the registration page.
NCUA staff will join representatives from the Board of Governors of the Federal Reserve System, the Farm Credit Administration, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency to discuss regulatory updates and cover topics including:
- Escrow of flood insurance premiums and fees.
- Force-placed flood insurance.
- The detached structures exemption.