May 2018 NCUA Board Meeting Video Available

ALEXANDRIA, Va. – The video recording of the May 24, 2018, open meeting of the National Credit Union Administration (NCUA) Board is now available on the agency’s Web site.

Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year.

At the May open meeting, the Board unanimously approved two items:

  • A notice of proposed rule-making seeking comment on the agency’s proposal to provide federal credit unions with additional options for payday alternative loans.
  • A final rule clarifying agency procedures for resolving severance claims arising from involuntary liquidations.

The Chief Financial Officer briefed the Board on the performance of the National Credit Union Share Insurance Fund, which posted a net income of $33.1 million in the first quarter, primarily due to the strong investment income earnings.

The NCUA posts these videos as part of the agency’s ongoing efforts to provide transparency and to allow those unable to attend Board meetings the opportunity to become better informed. An interval between the meeting and posting is necessary for the videos to comply with Section 508 of the Rehabilitation Act for the hearing and visually impaired.

The Board Actions page of the NCUA’s Web site has more information, including Board agendas, which are posted at least one week in advance of each open meeting; copies of Board Action Bulletins, which summarize the meetings; copies of Board memorandums and other documents.

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