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Finanzen & Märkte · 24.6.20111 Min. Lesezeit

Sample Income Data To Meet the Low-Income Definition

Lokale automatische Übersetzung · Originalsprache der Quelle

Zusammenfassung

The NCUA is amending its regulation to permit federal credit unions (FCUs) that do not qualify for a low-income designation using the geo-coding software the agency has developed for that purpose to submit an analysis of a statistically valid sample of member income data as evidence they qualify for the designation. The final rule, by permitting FCUs to use a statistically valid sample of member incomes drawn from loan files or a survey, eases the burden on FCUs seeking to qualify for a low-income designation. The final rule is very similar to the proposed, with additional wording about not combining a survey and loan file review.

Originalsprache der Quelle: Federal Register — National Credit Union AdministrationOriginalquelle öffnen →

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