If you have concerns with current regulations on corporatecredit unions, chartering or fees paid by FCUs to the NCUA, speakthis year or for three years hold your piece.

Those are among the regulations that the agency plans to examinethis year as part of its process of reviewing one third of all ofits regulations annually.

NCUA Chairman Debbie Matz said in light of President Obama'srecent executive order, the agency is especially “seeking comments onrules that may be 'outmoded, ineffective, insufficient, or excessively burdensome.' We are committed to 'modify,streamline, expand, or repeal' rules that are not required bystatute and would not jeopardize safety and soundness.”

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.