ALEXANDRIA, Va. (4/24/15)--Consideration of a final rule that would change field-of-membership regulations tops the agenda for the National Credit Union Administration's April 30 board meeting.
NCUA Director of Examination and Insurance Larry Fazio provided some insight into the final rule during testimony before a House subcommittee Thursday. (See related story: NCUA's Fazio highlights agency support for reg. relief legislation.)
"The final rule will include substantially more regulatory relief than the proposed rule as NCUA responds to the comments received," Fazio said. "For example, the Board will likely add five additional types of groups that will automatically satisfy the associational common bond provisions."
Other items on the agenda are:
Registration is still open for the live video feed of the meeting. Reminder, individuals interested in watching the meetings online must register each month.