Organization and Operations of Federal Credit Unions

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This proposed rule relaxes certain provisions in NCUA's regulations for advertising and posting notice of nondiscrimination in real estate-related lending. Currently, the regulations provide that a federal credit union (FCU) must include notice of nondiscrimination through use of a particular logotype and specified language. The proposed rule will provide an FCU with more flexibility in how it gives notice when advertising. The current regulations also require the display inside the FCU of an NCUA-developed poster giving notice of nondiscrimination compliance. The proposed rule will allow an FCU to display either the NCUA poster or a similar poster prepared by the United States Department of Housing and Urban Development. The proposed rule also prohibits advertising with words, symbols, models, or other forms of communication that suggest a discriminatory preference or policy of exclusion in violation of the Fair Housing Act or the Equal Credit Opportunity Act.