The NCUA has scheduled an executive session on Thursday to consider a supervisory activity matter and a legislative proposal, the agency announced today.
The agency did not say what the supervisory matter entails.
But sources within the credit union industry said the legislative matter will involve asking Congress to increase the period for replenishing the NCUSIF. Currently, the fund must be replenished to an equity ratio of between 1.2% and 1.3% within a year.
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