The NCUA Board voted to increase, by 5.4 percent, the annual fee federal credit unions will pay to support year 2000 NCUA operations. The NCUA voted to commend and support state supervisory efforts to make elimination of predatory mortgage lending practices a top priority in the Year 2000. The vote followed a report to the Board by Board Member Yolanda Wheat describing the effective level of cooperation between NCUA and state supervisory authorities across the country.
Votes are unanimous unless otherwise noted.