17-EA-12: NCUA - Bylaws; Bank Conversions and Mergers; and Voluntary Mergers ofFederally Insured Credit Unions

The National Credit Union Administration (NCUA) has issued a proposed rule on "Bylaws; Bank Conversions and Mergers; and Voluntary Mergers of Federally Insured Credit Unions." The proposal would establish new disclosure and notice requirements for merging federal credit unions (FCUs). Specifically, the proposed rule would require merging FCUs to disclose all merger-related financial arrangements for an expanded class of covered persons, not just senior management officials.

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