NCUA's office of Small Credit Union Initiatives

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  A Lot of LICU Designations: A Lot of Possibilities

  By Scott Butterfield  |  March 12, 2013

  You're a newly designated low-income credit union, congratulations! You now have access to tools that can be leveraged for growth and aren't available to all credit unions.

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  New NCUA Directors Rules Raise Risk Exposure

  By Claude R. Marx  |  August 4, 2011

  CUNA Mutual Group exec warns of changes in talk at National Directors' Convention in Las Vegas.

• NAFCU Urges Narrow Implementation Of Director Financial Literacy Rule

  By Claude R. Marx  |  February 2, 2011

  When the NCUA issues guidance to credit unions on the new rule mandating financial literacy for board members, it should apply the rule narrowly and be "flexible in the rules application and enforcement," NAFCU President Fred Becker wrote in a letter.

• NCUA Sets Effective Dates for FCU Director Duties Rule

  By Sarah Snell Cooke  |  December 22, 2010

  The NCUA rule has set the dates for when federal credit union boards will have to comply with its new director duty regulation.

• On-Site Coverage: NCUA Strengthens Rules On Conversions and Requirements for Volunteers

  By Claude R. Marx  |  December 16, 2010

  ALEXANDRIA, Va.--Board members of FCUs will only get limited exemption from being sued for some of their actions and will have to gain proficiency reading balance sheets if they don't already have it, according to regulations approved by the NCUA today.

• Regulations Aim to Close Gaps On Conversions and Mergers

  By Claude R. Marx  |  April 7, 2010

  Though there aren't any conversion applications pending, past problems during certain merger past efforts triggered the draft rules that the NCUA issued on the subject last month.

• NCUA Proposes Stiffer Regs for Volunteers and Less RegFlex

  By Claude R. Marx  |  March 24, 2010

  ALEXANDRIA, Va. -- The NCUA Board issued three proposed regulations concerning board member indemnity and mutual savings bank conversions.