Compliance Blog

May 22, 2012
Categories: Operations

Upcoming NCUA Board Meeting; IRR Webcast; Top of the Mountain

Written by Steve Van Beek

Good morning - it feels good to be back.  I had the pleasure of talking to a large group of wonderful and energetic Directors and Supervisory Committee members last week in Palm Springs, California.  

NCUA Board Meeting.  NCUA has released its agenda for their May Board meeting on Thursday.  Included are the following items:

  1. Final Rule – Parts 701, 703 and 7742 of NCUA’s Rules and Regulations, Reg Flex Relief.
  2. Final Interpretive Ruling and Policy Statement (IRPS) – 12-1, Supervisory Review Committee.
  3. Final Rule – Part 741 of NCUA’s Rules and Regulations, Troubled Debt Restructuring.
  4. Quarterly Insurance Fund Report.

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NAFCU Interest Rate Risk Webcast.  Also on Thursday is a NAFCU webcast on NCUA's new Interest Rate Risk regulation.  The webcast will be broadcast live from NAFCU's headquarters from 2:00 to 3:30 p.m. EDT on Thursday, May 24th.  

Remember, the compliance deadline is September 30, 2012.  If you can't make the live webcast, you can always purchase and view the on-demand webcast at a later date.  

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And, of course - a picture from Grubb's View at the top of the Palm Springs Aerial Tramway.

PalmSpring