ALEXANDRIA, Va. — NCUA has issued an advanced notice of proposed rulemaking seeking input from credit unions on a wide variety of different and controversial issues related to different types of charters changes.

The ANPR, which NCUA Board members at the Jan. 24 meeting described as an opportunity for the agency to "gather information from stakeholders," seeks input from credit unions about CU mergers into banks that are not mutual savings institutions, such as stock banks; the fiduciary duties and obligations of credit union board members have toward members in charter change transactions; whether members of merging credit unions should be given any "merger dividend" as part of the transaction; and whether a credit union seeking to merge with another should be able to communicate with the other CUs members over the head, as it were, of the other CU's board.

Credit unions will have 60 days to comment on all or some of the topics once the proposal is published in the federal register.