NCUA's April 2024 Board Meeting Podcast Style

Credit Union Regulatory Guidance Including: NCUA, CFPB, FDIC, OCC, FFIEC

NCUA April 2024 Board Meeting

In this episode of Samantha Shares, the focus is on the April 2024 Board Meeting of the National Credit Union Administration (NCUA). Notably, this meeting addressed a sole agenda item: the Advanced Notice of Proposed Rulemaking for Part 749, concerning the Records Preservation Program and its appendices. The discussion highlighted the need for clarity and updates to the existing regulations, particularly to assist small credit unions with record retention guidelines and catastrophic act preparedness. Contributions from various NCUA offices were acknowledged, with staff members providing insights on the significance of record preservation for credit unions, especially in the wake of natural disasters or unforeseen events. The meeting welcomed newcomer Renita Murselin and emphasized the agency's mission to protect consumers and ensure the safety of the Share Insurance Fund. It also invited public comment and suggestions on improving the clarity and efficiency of record retention practices, reflecting the NCUA's commitment to staying adaptive and responsive to the needs of credit unions and their members.

00:00 Welcome to Samantha Shares: NCUA April 2024 Board Meeting Overview
00:25 Sponsor Highlight and Additional Resources
00:55 NCUA Board Meeting Begins: Agenda and Introductions
01:50 In-Depth Discussion on Records Preservation Program
13:06 Board Members' Remarks and Discussion on Regulatory Impact
30:31 Closing Remarks and Adjournment