The NCUA Board voted to amend Section 712.5 of the CUSO regulation by reinstating real estate brokerage services as a permissible CUSO service. The NCUA Board removed real estate brokerage services from the list of permissible CUSO services in early 1998 and later that same year issued an interim final rule allowing a grandfather exemption based on comments received objecting to the removal. Continue efforts began last year to improve the recruitment and retention of NCUA examiner staff by addressing pay comparability, updated technology, quality of life, and technological issues. Develop the appropriate infrastructures to meet the challenges identified as part of NCUA's strategic planning process. The NCUA 2000 budget increase is 10.64 percent over 1999, smaller than the 11.6 percent budget increase between 1998 and 1999.
All votes are unanimous unless otherwise noted.