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NCUA official seal NCUA official seal. (Source: NCUA)

The NCUA board on Nov. 21 will consider a final plan to allow people who committed minor criminal offenses to work at credit unions without receiving a waiver from the board.

While the details of the final plan will not be released until the meeting, under the proposed plan, credit unions would no longer be required to submit applications to the agency to employ people who have bounced checks for a moderate amount or have been convicted of  “small dollar simple theft, false identification, simple drug possession, and isolated minor offenses committed by covered persons as young adults.”

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David Baumann

 

Credit Union Times

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