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Finance et marchés · 28/06/20181 min de lecture

Bylaws; Voluntary Mergers of Federally Insured Credit Unions

Traduction automatique locale · Langue originale de la source

Résumé

The NCUA Board (Board) is revising the procedures a federally insured credit union (FICU) must follow to merge voluntarily with another FICU. The changes: Revise and clarify the contents and format of the member notice; require merging credit unions to disclose certain merger-related financial arrangements for covered persons; increase the minimum member notice period; and provide a method for members and others to submit comments to the NCUA regarding the proposed merger. In addition, the NCUA has replaced its Merger Manual with revised model forms that conform to the requirements of this rule. The regulations now includes these forms.

Langue originale de la source: Federal Register — National Credit Union AdministrationOuvrir le communiqué original →

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