The NCUA board began the New Year with a moment of solidarity, as it unanimously voted on several measures at its Jan. 21 meeting that will allow time for comments on a host of issues, including the Overhead Transfer Rate methodology.
The board voted on the final rule to change the reporting structure for the Office of Minority and Women Inclusion, which requires the office to report directly to the NCUA chairman.
In her opening statement, Chairman Debbie Matz said the OMWI "deserves the direct attention and support of the agency chairman." She added the reason for changing the reporting structure at this particular time is the agency was not in a position to update the reporting structure until after the Equal Employment Opportunity Office merged into OMWI and had a permanent director.
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.
