NCUA Proposes Update to Employment Restrictions for Credit Unions Under Section 205(d) of the Federal Credit Union Act

Summary

The NCUA Board is seeking public comment on a proposal to revise its Interpretive Ruling and Policy Statement (IRPS) regarding employment restrictions for credit unions, aiming to reduce regulatory burden and expand the de minimis exception for certain offenses.

Original source language: Federal Register — National Credit Union AdministrationOpen original release →

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