Compliance Blog

Written by Steve Van Beek

Metsger Nomination. Last Thursday, the Senate Banking Committee approved Rick Metsger's nomination to join the NCUA Board. Next up is the nomination going to the full Senate for confirmation (which could be as early as the end of July).

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NCUA Regional Offices. NCUA also released its plans to reorganize its Regional Offices - effective January 1, 2014. The realignment impacts nine states:

 A map of NCUA's new Regional Offices structure - after January 1, 2014 - is below:

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NCUA's July Board Meeting. NCUA also announced their agenda for their July Board Meeting:

1. Proposed Interpretive Ruling and Policy Statement 13-1, Minority Credit Union Preservation Program.
2. Board Briefing – Interagency Proposal, Joint Diversity Standards for Regulated Entities.
3. Proposed Rule – Parts 741 and 748 of NCUA’s Rules and Regulations, Electronic Filing of Financial Reports.
4. Request from San Francisco FCU to Expand its Community Charter.
5. Quarterly Insurance Fund Report.
6. 2013 Temporary Corporate Credit Union Stabilization Fund Assessment.
7. Reprogramming of NCUA’s Operating Budget for 2013.

The meeting takes place at 10 a.m. on Thursday, July 25th.