Finanza e mercati · 29/09/19981 min di lettura
Organization and Operation of Federal Credit Unions; Appraisals; Member Business Loans; and Requirements for Insurance
Traduzione automatica locale · Lingua originale della fonte
Riepilogo
The NCUA is updating, clarifying and streamlining its existing rules concerning member business loans and appraisals for federally insured credit unions, as well as implementing recent statutory limitations regarding member business loans. The intended effect of this rule is to reduce regulatory burden, maintain safety and soundness, and provide an exception for qualifying credit unions from the statutory aggregate limit on a credit union's outstanding member business loans.