NCUA has released its agenda for the agency’s upcoming board meeting. The open portion of the meeting is scheduled for Thursday, July 18, at 10 a.m.
The board will consider a final rule governing real estate appraisals. As previously reported, the board proposed a rule in September 2018 that would increase the appraisal threshold for commercial real estate-related transactions to $1 million from $250,000. The agency said the rule was primarily proposed to deliver regulatory relief to credit unions.
Other agenda items for the agency’s upcoming board meeting include:
- a 2019 mid-session budget;
- a final rule, parts 704 and 713, fidelity bonds; and
- a proposed interpretive rule and policy statement, guidance regarding prohibitions imposed by section 205 (d).
The open meeting will be streamed live on NCUA’s website and will be followed by a closed meeting at 11:30 a.m. Results from the meeting will be reported in The New York Minute.