Subordinated debt, member expulsion proposal on NCUA’s Sept. 22 agenda

The NCUA board will vote on proposed rules on member expulsion and subordinated debt at its Sept. 22 meeting.

The meeting is scheduled to begin at 10 a.m. ET and will be streamed live on NCUA.gov.

The compete agenda is:

1. Board briefing, share insurance fund quarterly report.
2. Proposed rule, Part 701, Appendix A, federal credit union bylaws, member expulsion.
3. Proposed rule, Part 702, subordinated debt.