New rule could force federal credit unions to divulge CEO salaries
The White House Office of Management and Budget said a rule requiring federal credit unions to report executive compensation could soon be on the NCUA board’s agenda.
The National Credit Union Administration is considering issuing a proposed rule that would require federal credit unions to provide information on executive compensation to their members.
The rule would require information similar to what state-chartered credit unions already provide, according to the White House Office of Management and Budget’s recently released spring regulatory agenda.
The agenda provides an overview of possible regulatory actions by federal agencies in coming months.
The NCUA has not yet posted the agenda for its July 18 board meeting.
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