Fair Hiring in Banking


Fair Hiring in Banking

Subject: ‘Second chance’ hiring
Agency: NCUA
Proposed rule

The NCUA Board (Board) proposes to incorporate its “Second Chance” Interpretive Ruling and Policy Statement 19–1 (IRPS 19–1) and the Fair Hiring in Banking Act (FHBA) into its regulations. The Federal Credit Union Act prohibits, except with the Board’s prior written consent, any person who has been convicted of certain criminal offenses involving dishonesty or breach of trust (a covered offense), or who has entered into a pretrial diversion or similar program in connection with a prosecution for such offense (program entry), from participating in the conduct of the affairs of an insured credit union.

FR Doc: 2023-23509
Date proposed: Oct. 19, 2023
Comments due date: Jan. 8, 2023
Effective date:

Rule compliance date:
Agency release:

Board Issues Proposals on Fair Hiring in Banking; Simplification of Share Insurance

Related Reg Report item(s):

NCUA fair hiring proposal would codify ‘second chance’ IRPS