Final rules on member expulsion and proposed rules on field of membership and trust accounts are two actions from last year highlighted by the federal credit union regulator in its 2023 annual report, released Monday. […]
This story updated based on Federal Register notice July 26. A final rule giving federal credit union (FCU) boards authority to expel a member for cause was approved July 20 by the National Credit Union […]
A final rule that would create within Appendix A of the agency’s federal credit union (FCU) standard bylaws a policy for expelling members who may be a threat to others is slated for action during […]
A proposal to create a policy for federal credit union (FCU) member expulsion, aimed at least in part at addressing members who may be a threat to others, is out for comment until Dec. 2, […]
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