Overview
Title
Sunshine Act Meetings
Agencies
ELI5 AI
The National Credit Union Administration (NCUA) is having a meeting on January 16, 2025, where they will talk about their plans for the year. If anyone wants to go, they have to enter the building through a special door and can find more details by calling Melane.
Summary AI
The National Credit Union Administration (NCUA) is holding an open meeting on Thursday, January 16, 2025, at 10:00 a.m. The meeting will take place in the Board Room, located on the 7th floor at 1775 Duke Street, Alexandria, VA. Visitors are required to enter through the Diagonal Road entrance. The agenda includes discussion of NCUA's 2025 Annual Performance Plan. For more information, Melane Conyers-Ausbrooks, Secretary of the Board, can be contacted at 703-518-6304.
Keywords AI
Sources
AnalysisAI
The document outlines an upcoming meeting of the National Credit Union Administration (NCUA), scheduled to take place on January 16, 2025. This meeting will be held in an open session, allowing the public to attend. It will occur in the Board Room on the 7th floor of 1775 Duke Street, Alexandria, Virginia. Notably, entry for visitors is designated through the Diagonal Road entrance.
Summary of the Document
This notice is primarily an announcement regarding the logistics of the NCUA meeting, which commences at 10:00 a.m. on the specified date. The meeting's agenda includes the discussion of the NCUA's 2025 Annual Performance Plan. This plan is likely to outline the strategic goals and performance objectives of the NCUA for the year ahead, aiming to enhance the regulation and supervision of credit unions.
Issues or Concerns
There are no explicit issues or concerns mentioned within the text of the document. However, the document does indicate open accessibility to the public, which may raise logistical concerns regarding attendance and security. Ensuring that such meetings are open means there should be an adequate arrangement for interested members of the public who wish to attend, potentially requiring oversight to manage attendance effectively.
Impact on the Public
The meeting represents an opportunity for transparency and public involvement in the regulatory processes of financial institutions. The public can witness NCUA's commitment to outlining and discussing strategic goals and annual plans. Accessibility to such meetings can serve to build trust and accountability within the financial regulatory framework.
Impact on Stakeholders
For stakeholders such as credit unions, the discussion of the 2025 Annual Performance Plan can provide insights into forthcoming regulatory changes or priorities that might affect them. Anticipating the regulatory landscape will allow these institutions to better prepare and align their operations with NCUA expectations.
Furthermore, individuals who are members of credit unions may find such proceedings beneficial in understanding how regulatory actions might influence the management and safety of their financial institutions. On a broader scale, effective performance planning by the NCUA can have positive implications for the stability and health of the credit union sector, securing stakeholders' interests while safeguarding public funds.