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News Now

Washington
NCUA removes interest rate risk policy discussion from agenda
ALEXANDRIA, Va. (6/16/10)--The National Credit Union Administration (NCUA) on Tuesday removed discussion of a proposed rule on interest rate risk policies from the list of items to be considered at its June 17 board meeting. An additional discussion on NCUA supervisory activities was also added to the closed portion of the meeting. The NCUA is still scheduled to discuss the final version of recently proposed changes to its chartering and field of membership (FOM) policies at the board meeting, which will take place at 10 a.m. ET. Other topics of discussion will include the delegation of chartering authority and a proposed rule addressing the NCUA's requirements for insurance, interest rate risk policies and programs. The NCUA also will discuss the accounting standards, the payment of insured shares, and assessments related to its Temporary Corporate Credit Union Stabilization Fund will have its monthly report on the status of its National Credit Union Share Insurance Fund during the meeting.


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