The National Credit Union Administration (NCUA) reviews its existing regulations every three years and does so by reviewing a third of the regulations each year. The NCUA has invited the public to provide input on any or part of the regulations that they will be reviewing this year. Comments are due to the NCUA by August 16th.
Parts & Sections Up for Review
1) 700 Definitions
2) 701.1 Federal Credit Union Chartering, Field of Membership Modifications, and Conversions
3) 701.2 Federal Credit Union Bylaws
4) 701.3 Member Inspection of Credit Union Books, Records, and Minutes
5) 701.4 General Authorities and Duties of Federal Credit Union Directors
6) 701.6 Fees Paid by Federal Credit Unions
7) 701.14 Change in Official or Senior Executive Officer in Credit Unions that are Newly Chartered or are in Troubled Condition
8) 701.19 Benefits for Employees of Federal Credit Unions
9) 701.20 Suretyship and Guaranty
10) 701.21 Loans to Members and Lines of Credit to Members
11) 701.22 Loan Participations
12) 701.23 Purchase, Sale, and Pledge of Eligible Obligations
13) 701.24 Refund of Interest
14) 701.25 Loans to Credit Unions
15) 701.26 Credit Union Service Contracts
16) 701.30 Services for Nonmembers Within the Field of Membership
17) 701.31 Nondiscrimination Requirements
18) 701.32 Payment on Shares by Public Units and Nonmembers
19) 701.33 Reimbursement, Insurance, and Indemnification of Officials and Employees
20) 701.34 Designation of Low-Income Status
21) 701.35 Share, Share Draft, and Share Certificate Accounts
22) 701.36 Federal Credit Union Occupancy and Disposal of Acquired and Abandoned Premises
23) 701.37 Treasury Tax and Loan Depositaries; Depositaries and Financial Agents of the Government 2
24) 701.38 Borrowed Funds
25) 701.39 Statutory Lien
26) Appendix A to Part 701 Federal Credit Union Bylaws
27) Appendix B to Part 701 Chartering and Field of Membership Manual
28) 702 Capital Adequacy
29) 703 Investment and Deposit Activities
30) 704 Corporate Credit Unions
31) 705 Community Development Revolving Loan Fund Access for Credit Unions
32) 707 Truth in Savings
33) 708a Bank Conversions and Mergers
34) 708b Mergers of Insured Credit Unions into Other Credit Unions; Voluntary Termination or Conversion of Insured Status
35) 709 Involuntary Liquidation of Federal Credit Unions and Adjudication of Creditor Claims Involving Federally Insured Credit Unions in Liquidation
36) 710 Voluntary Liquidation