Comments Due to NAFCU: NCUA - Fair Hiring in Banking

Important Regulatory Dates Add to Calendar 2023-11-22 17:00:00 2023-11-22 17:00:00 Comments Due to NAFCU: NCUA - Fair Hiring in Banking NAFCU would like to highlight the following: The proposal incorporates the NCUA’s Second Chance Interpretive Ruling and Policy Statement (IRPS 19-1) and statutory prohibitions imposed by Section 205(d) of the Federal Credit Union Act (FCU Act) into the agency’s regulations. The proposal replaces a lifetime ban for those with disqualifying convictions to work in the banking sector and creates an exception for criminal acts committed before the age of 21. Comments due to NAFCU: November 22, 2023 Comments due to NCUA: January 8, 2024 Comment now   NAFCU will send comments on behalf of its members to the NCUA by its deadline (January 8, 2024). Location NAFCU digital@nafcu.org America/New_York public

NAFCU would like to highlight the following:

  • The proposal incorporates the NCUA’s Second Chance Interpretive Ruling and Policy Statement (IRPS 19-1) and statutory prohibitions imposed by Section 205(d) of the Federal Credit Union Act (FCU Act) into the agency’s regulations.
  • The proposal replaces a lifetime ban for those with disqualifying convictions to work in the banking sector and creates an exception for criminal acts committed before the age of 21.

Comments due to NAFCU: November 22, 2023

Comments due to NCUA: January 8, 2024

Comment now  

NAFCU will send comments on behalf of its members to the NCUA by its deadline (January 8, 2024).