Finance & markets · 22/10/2008

NCUA Proposes Revision to Advertising and Notice Rule for Federally Insured Credit Unions

The National Credit Union Administration (NCUA) is proposing to revise its rule requiring federally insured credit unions to display a specific sign at teller stations, as the evolution of shared branch networks has made compliance challenging, and the NCUA aims to simplify the process by replacing the required listing of credit unions with a statement directing members to contact their credit union for more information.