NCUA has released its agenda for the agency’s upcoming board meeting, which is scheduled for Thursday, Jan. 25, at 10 a.m.
The board will consider four items during the open portion of the meeting, including a proposed rule on involuntary liquidation and claims procedures. The board will also review the agency’s 2018 – 2022 strategic plan and their 2018 annual performance plan.
During the meeting, the board will receive two briefings: one on Call Report modernization, and the other on civil monetary penalty adjustments. NCUA’s plan to consider adjusting civil monetary penalties for inflation is in line with other federal agencies.
The Association will be closely monitoring the board briefing on Call Report modernization, which will be essential as the agency moves closer to implementing their Risk-Based Capital regulation.