The NCUA board will be briefed on an interim rule involving Prompt Corrective Action (PCA) at its April 22 meeting. CUNA and Leagues have heavily engaged NCUA on the need for PCA flexibility, and NCUA Chairman Harper indicated relief would be coming shortly.
NCUA approved the interim final rule last week via notation vote, and published it in the Federal Register April 19.
The meeting will be conducted via live audio stream starting at 10 a.m. (ET), and the stream will be available at NCUA.gov.
The complete April 22 agenda is: