NCUA Board Issues Revised Proposed Rules on Executive Compensation, Partial Occupancy; Also, Freed Named to Succeed Whitehead as Region V Director

NCUA’s Board of Directors met last week and took action on a number of items, including executive compensation & partial building occupancy. Also, Cherie Freed was named as Region V Director, taking over for Elizabeth Whitehead.

Oregon State Chartered Credit Unions Weigh in With DCBS on Occupancy Rule

The Oregon DCBS is taking steps to permanently adopt a rule allowing state chartered credit unions up to six years to partially utilize unimproved property held for future expansion. A group of state chartered credit union representatives recently served as an advisory group.