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NCUA adds NCUSIF matter to todays agenda
ALEXANDRIA, Va. (12/16/10)—Discussion of an addition to the National Credit Union Share Insurance Fund (NCUSIF) Investment Committee has been added to the agenda for the National Credit Union Administration’s (NCUA) December meeting, which will take place later today. A final rule addressing credit union mergers and conversions, as well as fiduciary duties and indemnification of credit union directors, will also be considered during the meeting, which will begin at 10 a.m. ET. Potential amendments to the NCUA's low income definition, rules that address the accuracy of advertising and insurance status notices, and a share-insurance related rule will also be discussed during the meeting. A closed meeting will follow tomorrow. Supervisory and personnel matters will be discussed during that meeting. For the full NCUA meeting schedule, use the resource link.
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