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NCUA Board to Meet Feb. 15; Share Insurance Fund Update, MDI Program on Agenda

2/9/2024

The NCUA released the agenda for its February Board meeting, noting that the agency will receive a briefing on the Share Insurance Fund’s (SIF) quarterly report and will issue a final interpretive ruling and policy statement on the Minority Depository Institution (MDI) Preservation Program. 

The NCUA outlined proposed changes to the MDI Preservation Program last year

In addition, the NCUA last received a briefing on the SIF in September, revealing that the fund reported a net income of $37.1 million with an equity ratio of 1.27%.   

The board meeting will begin Thursday, Feb. 15 at 10 a.m. Credit unions can view a livestream of the meeting on the agency’s website.



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