NCUA releases agenda for upcoming board meeting

12621953_1086823524714537_7998146339337151633_oThe NCUA board of directors has released the agenda for their upcoming board meeting, which will be held Thursday, Nov. 16. The open portion of the meeting will begin at 10 a.m., and it will be streamed live on NCUA’s website.

During the meeting, the board will receive a quarterly report on the Temporary Corporate Stabilization Fund and consider a final rule on corporate credit unions. The board will also review the agency’s 2018-2019 operating fund budget and the Overhead Transfer Rate Methodology.

The OTR is the formula used by NCUA to determine the percentage of its budget activities that are insurance-related and can therefore be paid out of the Share Insurance Fund. In June, the New York’s State of Mind blog provided an in-depth analysis of NCUA’s proposed changes to the OTR, which the agency claims is an effort to simplify the methodology and make it more transparent.

Results from the board meeting will be reported in The Point.

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