FOM improvements: How far will they go?

November 19, 2015

ALEXANDRIA, Va. (11/19/15)--A field-of-membership proposal is on the agenda for the National Credit Union Administration’s open meeting this morning.  All eyes will be on how far the NCUA will be willing to explore possible modernization of the rules that govern who can join which credit union.

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Another big-ticket item on today's agenda: The agency will discuss its operating budget through 2017.

Other items on the agenda include:

  • The NCUA’s 2016-2017 annual performance plan;
  • The 2016-2017 Corporate Stabilization Fund oversight budget;
  • The 2016 Overhead Transfer Rate; and
  • The 2016 Operating Fee assessment scale.

The meeting is scheduled to start at 10 a.m. (ET). It will be streamed via the NCUA’s website at Later, a link to a meeting video will be placed on the homepage.

A closed meeting was held Nov. 18 at 3 p.m. (ET).