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NCUA Board Votes to Publish OTR

The agency will open a 90-day comment period on OTR methodology and 60-day comment period on its 2017-2021 strategic plan.

By J. Daniel Young | Updated on January 21, 2016
NCUA Deputy General Counsel Lara Rodriguez (right) explains the legal rationale supporting the agency's overhead transfer rate methodology to the board. Also shown are Director of the Office of Examination and Insurance Larry Fazio and Russell Moore, loss/risk analysis officer.

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.

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