The NCUA Board announced Thursday it will meet Friday in a closed-door session that will presumably give the green light to a conservatorship action.
The agenda for the noon meeting, posted online, said the board will consider “supervisory activities” at the meeting at its Alexandria, Va., headquarters but provided no details.
The NCUA has not yet seized a credit union in 2013. On Dec. 28, 2012, the NCUA announced it would liquidate the $259 million Chetco FCU of Harbor, Ore., effective Dec. 31.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
