NCUA Temporarily Relaxes Regulatory Requirements for Federally Insured Credit Unions Amid COVID-19 Crisis

Summary

The NCUA Board has temporarily modified its prompt corrective action regulations to help federally insured credit unions remain operational and liquid during the COVID-19 pandemic, with the changes set to expire on December 31, 2020.

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

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