21-EF-17: NCUA - Temporary Regulatory Relief in Response to COVID-19 – Prompt Corrective Action

On April 19, 2021, the National Credit Union Administration (NCUA) published an interim final rule (IFR) reviving recently expired amendments to the Federal Credit Union Act’s (FCU Act) prompt corrective action (PCA) regulations. The IFR helps ensure federally-insured credit unions (FICUs) will remain operational and liquid during the COVID-19 pandemic.

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