Comments Due to NAFCU: National Credit Union Administration - Combination Transactions With Non-Credit Unions; Credit Union Asset Acquisitions

Important Regulatory Dates Add to Calendar 2020-03-27 17:00:00 2020-03-27 17:00:00 Comments Due to NAFCU: National Credit Union Administration - Combination Transactions With Non-Credit Unions; Credit Union Asset Acquisitions NAFCU would like to highlight the following: The proposed rule specifies the scope of Section 741.8 of the NCUA's regulations, which currently requires a FICU to obtain NCUA approval before it may purchase loans or assume an assignment of deposits, shares, or liabilities from any institution that is not insured by the National Credit Union Share Insurance Fund (NCUSIF). Comments due to NAFCU: March 27, 2020 Comments due to NCUA: March 30, 2020 Comment now   NAFCU will send comments on behalf of its members to the NCUA by their deadline (March 27, 2020). Location NAFCU digital@nafcu.org America/New_York public

NAFCU would like to highlight the following:

  • The proposed rule specifies the scope of Section 741.8 of the NCUA's regulations, which currently requires a FICU to obtain NCUA approval before it may purchase loans or assume an assignment of deposits, shares, or liabilities from any institution that is not insured by the National Credit Union Share Insurance Fund (NCUSIF).

Comments due to NAFCU: March 27, 2020

Comments due to NCUA: March 30, 2020

Comment now  

NAFCU will send comments on behalf of its members to the NCUA by their deadline (March 27, 2020).