NCUA headquarters. (Source: NCUA)
The NCUA board on Aug. 18 will consider a final rule governing real estate appraisals—yet another issue that is likely to raise the hackles of bankers.
While the exact details of the final rule are not available, the board in December proposed a rule that would increase the appraisal threshold for commercial real estate-related transactions to $1 million.
Recommended For You
The American Bankers Association blasted the proposed rule, saying that other banking regulators had increased that threshold to $500,000.
The bankers argued at the time that the rule would give credit unions a competitive advantage over banks and create inconsistencies between types of institutions.
NCUA officials said at the time that they had consulted with other banking regulators before issuing the proposal.
Credit union trade groups supported increasing the threshold.
At the Aug. 18 meeting, agency staff will present a mid-session review of the agency's budget and the board will consider a final rule governing fidelity bonds.
© 2025 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.
