Markets Wired

ALEXANDRIA, Va. (July 1, 2016) – The video recording of the June 2016 open meeting of the National Credit Union Administration Board is now available on the agency’s website.

Archived videos of past Board meetings may be viewed here, and each video remains on the site for one year.

At the June meeting, the Office of Examination and Insurance briefed the Board about plans for adding a “sensitivity to market risk” element to assess interest rate risk to the current CAMEL rating system.

The Board also unanimously approved two items:

• A proposed rule that makes technical amendments to improve the transparency, organization, and ease of credit union use of the Community Development Revolving Loan Fund; and
• An interim final rule adjusting civil monetary penalties for inflation, as required by federal law.

NCUA posts these videos as part of the agency’s ongoing efforts to provide transparency and to allow those unable to attend Board meetings the opportunity to become better informed. An interval between the meeting and posting is necessary for the videos to comply with Section 508 of the Rehabilitation Act for the hearing and visually impaired.

The
Board Actions page of NCUA’s website has more information, including Board agendas, which are posted at least one week in advance of each open meeting, copies of Board Action Bulletins, which summarize the meetings, copies of Board memorandums and other documents.