Credit Union Service Organizations (CUSOs)
The NCUA Board (Board) is seeking comment on a proposed rule that would amend the NCUA’s credit union service organization (CUSO) regulation. The proposed rule would accomplish two objectives: expanding the list of permissible activities and services for CUSOs to include originating any type of loan that a Federal credit union (FCU) may originate; and granting the Board additional flexibility to approve permissible activities and services. The NCUA is also seeking comment on broadening FCU investment authority in CUSOs.
|Date proposed:||Jan. 14, 2021|
|Comments due date:||April 30, 2021|
Nov. 26, 2021
|Rule compliance date:|
|Related Reg Report item(s):|