March 2020
NCUA Announces Annual Meeting Flexibility
ALEXANDRIA, Va. (March 20, 2020) – The National Credit Union Administration today issued Letter to Federal Credit Unions, 20-FCU-02, NCUA Actions Related to COVID-19 – Annual Meeting Flexibility, announcing greater flexibility in conducting annual meetings.
Due to the national emergency proclamation issued by President Donald J. Trump on March 13, 2020, effective immediately, a federal credit union may adopt by a two-thirds vote of its Board of Directors an amendment to Article IV without undergoing further bylaw approval processes with the NCUA.
The full letter is available in the Letters to Credit Unions and Other Guidance section of NCUA.gov.
Latest News
The National Credit Union Administration awarded $3.1 million in Community Development Revolving…
1 min read
National Credit Union Administration Chairman Todd M. Harper issued a statement welcoming President…
1 min read
NCUA Board Member Rodney E. Hood issued the following statement on the NCUA Board's final rule…
4 min read
NCUA Board Member Rodney E. Hood discussed the Share Insurance Fund's financial performance in…
2 min read