The NCUA board approved the agency’s 2019 Annual Performance Plan at its Thursday meeting, and finalized a rule on required inflation adjustments to civil money penalties. The board also received a briefing on its new website and approved updates to an Illinois member business lending rule.
The 2019 plan identifies three agency priority goals:
The board also approved a final rule to amend its regulations and adjust for inflation the maximum amount for civil money penalties, as required by federal law. The final rule will become effective immediately upon publication in the Federal Register.
The board also: