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Comments due: NCUA (proposed rule; chartering and field of membership, service facility)

February 10

The National Credit Union Administration (NCUA) Board proposes to amend its chartering and field of membership (FOM) rules to modernize requirements related to service facilities for multiple common bond federal credit unions (FCUs). It proposes to include any shared branch, shared ATM, or shared electronic facility in the definition of “service facility” for an FCU that participates in a shared branching network.

Reg lookup: Chartering and Field of Membership-Shared Facility Requirements

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Date:
February 10
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