Compensation in Connection with Loans to Members and Lines of Credit to Members
The NCUA Board (Board) is issuing this advance notice of proposed rulemaking (ANPR) to solicit comments on ways to improve the agency’s regulations limiting a credit union official’s and employee’s compensation in connection with loans to members and lines of credit to members. These regulations have generated confusion and are likely outdated, burdensome, and at odds with industry standards. The Board is particularly interested in obtaining commenter feedback on how it can provide flexibility with respect to senior executive compensation plans that incorporate lending as part of a broad and balanced set of organizational goals and performance measures.
|Date proposed:||April 18, 2019|
|Comments due date:||
June 24, 2019
|Final rule effective date:|
|Rule compliance date:|
|Related Reg Report item(s):|