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NCUA Board Meeting Highlights
An SIF update and a final rule on loan participation headlined the agenda

NCUA Announces Distribution of $865 Million to Members of Failed Corporate Credit Unions
The $865.5 million will be distributed to the capital account holders of the former Members United, Southwest Corporate, and U.S. Central Corporate credit Unions.

NWCUA Analysis of NCUA’s Sept. Board Meeting
The Northwest Credit Union Association’s Regulatory Affairs team monitors all board meetings and provides immediate analysis to Northwest credit unions.

Senate Banking Holds Confirmation Hearing for NCUA Nominee Hauptman
The Committee began reviewing the qualifications for President Trump’s nomination of Kyle Hauptman to the NCUA Board of Directors

Senate Banking Committee to Consider Hauptman Nomination Next Week
A committee hearing has been scheduled on the nomination of Kyle Hauptman for the NCUA Board of Directors

Announced at NCUA Board Meeting: Good News for Members of the Former Southwest Corporate Credit Union
A July distribution of $171 million is expected next month.

President Trump to Nominate Kyle Hauptman to Succeed J. Mark McWatters on NCUA Board
Hauptman is currently a key advisor to Sen. Tom Cotton and the Staff Director of the Senate Banking Committee’s subcommittee on Economic Policy.