The NCUA board will vote on an interagency rule related to incentive-based executive compensation and a proposed rule on fixed asset investments for federal credit unions at its April 21 open board meeting.

The fixed asset investment rule will address occupancy concerns that were left unresolved when the board voted to eliminate the 5% cap on fixed asset investments in Part 701 for credit unions in July 2015.

Additionally, the NCUA will hear the latest quarterly update on the National Credit Union Share Insurance Fund.

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
NOT FOR REPRINT

© 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.