Board Action Bulletins

A Summary of Actions Taken at NCUA Board Meetings

Summary of Actions taken at NCUA Board Meetings 2003

2004 Board Action Bulletins

Open Board Meeting September 23, 2004

1. Request from a Federal Credit Union to Expand its Community Charter.

2. Requests from two (2) Federal Credit Unions to Convert to Community Charters.

3. Notice and Request for Comment – Federal Credit Union Bylaws.

4. Final Rule: Section 701.36 of NCUA’s Rules and Regulations, Federal Credit Union Ownership of Fixed Assets.

Open Board Meeting July 22, 2004

1. Quarterly Insurance Fund Report.

2. Reprogramming of NCUA’s Operating Budget for 2004.

3. Proposed Rule: Part 708b of NCUA’s Rules and Regulations, Mergers of Federally Insured Credit Unions; Voluntary Termination or Conversion of Insured Status.

4. Proposed Rule: Part 708a of NCUA’s Rules and Regulations, Conversion of Insured Credit Unions to Mutual Savings Banks.

5. Final Rule: Part 705 of NCUA’s Rules and Regulations, Community Development Revolving Loan Program for Credit Unions.

6. Final Rule: Parts 721 and 724 of NCUA’s Rules and Regulations, Health Savings Accounts.

7. Final Rule: Part 745 of NCUA’s Rules and Regulations, Share Insurance Coverage for Living Trust Accounts.

Closed Board Meeting July 22, 2004

Open Board Meeting June 24, 2004

1. Request from a Federal Credit Union to Convert to a Community Charter.

2. Proposed Rule: Section 701.14 of NCUA’s Rules and Regulations, Change in Official or Senior Executive Officer in Credit Unions that are Newly Chartered or in Troubled Condition.

3. Proposed Rule: Part 717 of NCUA’s Rules and Regulations Implementing the Fair and Accurate Credit Transactions Act of 2003, Affiliate Marketing Regulations.

4. Proposed Rule: Part 723 of NCUA’s Rules and Regulations, Member Business Loans.

5. Final Rule: Parts 703 and 704 of NCUA’s Rules and Regulations, Investment in Exchangeable Collateralized Mortgage Obligations.

Open Board Meeting May 20, 2004

1. Notice of Proposed Rule: Parts 721 and 724 of NCUA’s Rules and Regulations, Health Savings Accounts.

2. Proposed Rule: Part 717 of NCUA’s Rules and Regulations, Fair Credit
Reporting – Disposal of Consumer Information.

Open Board Meeting April 15, 2004

1. Quarterly Insurance Fund Report.

2. Proposed Rule: Section 701.36 of NCUA’s Rules and Regulations, Federal Credit
Union Ownership of Fixed Assets.

3. Proposed Rule: Part 705 of NCUA’s Rules and Regulations, Community
Development Revolving Loan Program for Credit Unions.

Closed Board Meeting April 15, 2004

Open Board Meeting March 18, 2004

1. Notice of Proposed Rulemaking: Part 717 of NCUA’s Rules and Regulations implementing the Fair and Accurate Credit Transactions Act of 2003 – Notice to Members regarding Release of Negative Information to Credit Reporting Agencies.

2. Board Briefing: Part 717 of NCUA’s Rules and Regulations regarding
Medical Information.

Closed Board Meeting March 18, 2004

Open Board Meeting February 19, 2004

1. Request from a Federal Credit Union to Convert to a Community Charter.
2. Final Rule: Sections 701.20 and 741.2 of NCUA’s Rules and Regulations,
Suretyship and Guaranty; Maximum Borrowing Authority.
3. Final Rule: Part 708a of NCUA’s Rules and Regulations, Conversion of Insured Credit Unions to Mutual Savings Banks.
4. Interim Final Rule and Request for Comment: Part 745 of NCUA’s Rules and Regulations, Share Insurance Coverage for Living Trust Accounts.

Open Board Meeting January 22, 2004

1. Quarterly Insurance Fund Report.
2. Request from a Federal Credit Union to Convert to a Community Charter.
3. Proposed Rule: Parts 703 and 704 of NCUA’s Rules and Regulations, Investment in Exchangeable Collateralized Mortgage Obligations.