Compliance Blog

Mandy always accuses me of having an agenda.  While I don't have one, NCUA does indeed.  NCUA has announced the agenda for this week's NCUA Board Meeting.  You can access it here.  The agenda is fairly packed.  Read a NAFCU Today article about the agenda here. Read a CU Times article about it here. Here's what they are looking at:

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 Policy   Statement (IRPS) 08-2, Criteria to approve service to underserved areas.                                             
4. Proposed Rule:  Part 721 of NCUA’s Rules and Regulations, Incidental Powers

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NAFCU split another doubleheader last Thursday.  This brings the season record to 3-5. If you speak with Steve Van Beek in Compliance this week, be respectful.  He hit 4 home runs during the two game stretch and made two spectacular catches in the field.  Erin "Jazz Hands" Plant played a flawless second base.  I dated myself by comparing her to Jose Lind, an outstanding second basemen for the Pirates back in the early 90's.