The National Credit Union Administration released it's January Board meeting agenda.  The meeting is scheduled for Thursday, January 14th at 10:00 AM ET.  The NCUA board will propose a risk-based net worth rule to raise the asset threshold for defining a credit union as complex, among other items. The board will also hear a briefing on the Consolidated Appropriations Act of 2021, a summary of which the agency recently released.

The complete agenda is:

• Board briefing, ACCESS Initiative;
• Proposed rule, Part 712, Credit Union Service Organizations;
• Board briefing, final rule, Part 747, statutory inflation adjustment of civil monetary penalties;
• Final rule, Part 704, corporate credit unions;
• Notice of proposed rulemaking, Parts 700, 701, 703, 704 and 713, CAMELS rating system;
• Proposed rule, Part 702, risk based net worth, complex threshold;
• NCUA’s 2021 Annual Performance Plan;
• Board briefing, Consolidated Appropriations Act, 2021; and
• Advance notice of proposed rulemaking, Part 702, simplification of risk-based capital requirements.