Unified Agenda


NATIONAL CREDIT UNION ADMINISTRATION (NCUA)


NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Ch. VII

Semiannual Regulatory Agenda

AGENCY:

National Credit Union Administration (NCUA).

ACTION:

Semiannual regulatory agenda.

SUMMARY:

Pursuant to its ongoing policy of reviewing regulations, NCUA is publishing a list of current and projected rulemakings, reviews of existing regulations, and completed actions as of September 13, 2001, to be included in the Unified Agenda of Federal Regulatory and Deregulatory Actions.

DATES:

This information is current as of September 13, 2001.

ADDRESSES:

National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428.

FOR FURTHER INFORMATION CONTACT:

For each regulation listed, the person(s) named in the listing, at the above address, unless otherwise noted, or listed telephone number.

SUPPLEMENTARY INFORMATION:

The purpose of this agenda is to enable credit unions and the public to follow regulatory development and review at NCUA, and participate in that process more effectively. Entries for the agenda appear in one of five possible categories: prerule stage; proposed rule stage; final rule stage; long-term actions; or completed actions.

The agenda is published pursuant to NCUA Interpretive Ruling and Policy Statement Number 87-2, "Developing and Reviewing Government Regulations," 54 FR 35231, (September 18, 1987), which sets out NCUA's policy and procedures for developing and reviewing its regulations. NCUA's policy is to ensure that its regulations impose only minimum required burdens on credit unions, consumers, and the public; are appropriate for the size of the financial institutions it regulates; are issued only after full public participation; and are clear and understandable. Further, NCUA undertakes to review all regulations every three years to clarify and simplify existing regulations and eliminate redundant and unnecessary provisions.

Executive Order 12866, signed by President Clinton on September 30, 1993, requires independent executive agencies such as NCUA to publish a regulatory agenda.
Approved by the NCUA Board on September 18, 2001.

Becky Baker, Secretary of the Board.

National Credit Union Administration—Prerule Stage
Sequence Number Title Regulation Identification Number
4514  Investment and Deposit Activities3133-AC49

National Credit Union Administration—Proposed Rule Stage
Sequence Number Title Regulation Identification Number
4515  Corporate Credit Unions3133-AC28
4516  Requirements for Insurance3133-AC33
4517  Credit Practices3133-AC34
4518  Requirements for Insurance3133-AC46
4519  Eligible Obligations — Conflict of Interest Provision3133-AC51
4520  Reimbursement, Insurance, and Indemnification of Officials and Employees3133-AC54
4521  Consumer Protections for Federally Insured Credit Unions Sale of Nondeposit Investments3133-AC56

National Credit Union Administration—Final Rule Stage
Sequence Number Title Regulation Identification Number
4522  Regulatory Flexibility and Exemption Program3133-AC38
4523  OMB Control Numbers3133-AC52
4524  Definitions and Technical Amendments3133-AC53
4525  Truth in Savings3133-AC57
4526  Nondiscrimination in Federally Assisted Programs3133-AC59

National Credit Union Administration—Completed Actions
Sequence Number Title Regulation Identification Number
4527  Incidental Powers3133-AC07
4528  Records Preservation Program and Record Retention Appendix3133-AC41
4529  Credit Practices3133-AC43
4530  Prepayment Fees to Federal Home Loan Bank3133-AC44
4531  Credit Union Service Organizations (CUSOs)3133-AC45
4532  Community Development Revolving Loan Program for Credit Unions3133-AC47
4533  Interpretive Ruling and Policy Statement (IRPS-01-2) Central Liquidity Facility Advance Policy3133-AC48
4534  Requirements for Insurance (Subpart B)3133-AC55
4535  Nondiscrimination in Advertising3133-AC58


National Credit Union Administration (NCUA)

Prerule Stage

 


4514. INVESTMENT AND DEPOSIT ACTIVITIES

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1757(7); 12 USC 1757(8); 12 USC 1757(15)

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 703

Legal Deadline:

None

Abstract:

The advanced notice of proposed rulemaking intends to solicit comments on how to update and clarify NCUA's investment and deposit activities rules.

Timetable:
Action Date FR Cite
ANPRM 10/26/01 66 FR 54168
ANPRM Comment Period End 01/24/02

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Frank S. Kressman, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6558
Fax: 703 518-6569
Email: fkressman@ncua.gov

RIN:

3133-AC49


National Credit Union Administration (NCUA)

Proposed Rule Stage

 


4515. CORPORATE CREDIT UNIONS

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined.

Legal Authority:

12 USC 1762; 12 USC 1766(a); 12 USC 1781; 12 USC 1789

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 704

Legal Deadline:

None

Abstract:

NCUA requests public comment on revisions to the rule governing corporate credit unions. As part of its regulatory review process, NCUA has identified provisions for further clarification or revision. Comments on these issues will assist NCUA in its regulatory review process.

Timetable:
Action Date FR Cite
ANPRM 07/28/99 64 FR 40787
ANPRM Comment Period End 11/26/99
ANPRM 11/22/00 65 FR 70319
ANPRM Comment Period End 02/20/01
NPRM 09/21/01 66 FR 48742
NPRM Comment Period End 12/20/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Mary F. Rupp, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6540
Email: maryr@ncua.gov

RIN:

3133-AC28

4516. REQUIREMENTS FOR INSURANCE

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1756 to 1757; 12 USC 1757A; 12 USC 1766; 12 USC 1785; 12 USC 1781

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 741

Legal Deadline:

None

Abstract:

NCUA is soliciting public comment on whether NCUA should adopt a regulation that would restrict the insurance coverage for State-chartered credit unions that open branches outside the United States.

Timetable:
Action Date FR Cite
ANPRM 09/14/00 65 FR 55464
NPRM 12/00/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

Undetermined

Federalism:

Undetermined

Agency Contact:

Michael J. McKenna, Senior Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6562
Email: mmckenna@ncua.gov

RIN:

3133-AC33

4517. CREDIT PRACTICES

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

15 USC 57a; 15 USC 1681b

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 706

Legal Deadline:

None

Abstract:

NCUA issued a proposed regulation under the Fair Credit Reporting Act that addresses the sharing of opt-out information between Federal credit unions and their affiliates. NCUA intends to issued a second proposal for comment.

Timetable:
Action Date FR Cite
NPRM 10/26/00 65 FR 64168
NPRM Comment Period End 12/26/00
NPRM 12/00/01
NPRM Comment Period End 02/00/02
Final Action 05/00/02

Regulatory Flexibility Analysis Required:

No

Government Levels Affected:

None

Agency Contact:

Chrisanthy J. Loizos, Staff Attorney, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314
Phone: 703 518-6567
Fax: 703 518-6569
Email: cloizos@ncua.gov

RIN:

3133-AC34

4518. REQUIREMENTS FOR INSURANCE

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant. Major status under 5 USC 801 is undetermined.

Legal Authority:

12 USC 1757; 12 USC 1766; 12 USC 1781 to 1790

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 741

Legal Deadline:

None

Abstract:

Currently, only credit unions with over $50,000,000 in assets file quarterly call reports. NCUA is considering moving to a risk-based, flexible schedule examination program. This proposal requests comment on whether, as a condition of implementation of that program, all credit unions should file quarterly call reports.

Timetable:
Action Date FR Cite
NPRM 08/03/01 66 FR 40642
NPRM Comment Period End 11/01/01
Final Action 03/00/02

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Mary F. Rupp, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6540
Email: maryr@ncua.gov

RIN:

3133-AC46

4519. ELIGIBLE OBLIGATIONS — CONFLICT OF INTEREST PROVISION

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1752(5); 12 USC 1755 to 1757; 12 USC 1759; 12 USC 1761a

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 701.23

Legal Deadline:

None

Abstract:

Section 701.23 sets forth the requirements for purchasing, selling, and pledging eligible obligations (loans) by Federal credit unions. NCUA plans to propose a conflict of interest provision for this section, similar to section 701.21(c)(8)(i) of the lending rule.

Timetable:
Action Date FR Cite
NPRM 01/00/02

Regulatory Flexibility Analysis Required:

Undetermined

Small Entities Affected:

No

Government Levels Affected:

None

Federalism:

Undetermined

Agency Contact:

Regina M. Metz, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314
Phone: 703 518-6540
Email: rmetz@ncua.gov

RIN:

3133-AC51

4520. REIMBURSEMENT, INSURANCE, AND INDEMNIFICATION OF OFFICIALS AND EMPLOYEES

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

Not Yet Determined

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 701.33

Legal Deadline:

None

Abstract:

Revise regulation to clarify, streamline and update to include recent interpretations.

Timetable:
Action Date FR Cite
NPRM 08/03/01 66 FR 40641
NPRM Comment Period End 10/03/01
Final Action 12/00/01

Regulatory Flexibility Analysis Required:

Undetermined

Government Levels Affected:

None

Agency Contact:

Dianne M. Salva, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6540
Email: dsalva@ncua.gov

RIN:

3133-AC54

4521. ¤ CONSUMER PROTECTIONS FOR FEDERALLY INSURED CREDIT UNIONS SALE OF NONDEPOSIT INVESTMENTS

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

Not Yet Determined

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

Not Yet Determined

Legal Deadline:

None

Abstract:

NCUA is proposing regulations to ensure that the sale to members of all nondeposit investments through various types of arrangements is done in a safe and sound manner.

Timetable:
Action Date FR Cite
NPRM 12/00/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Mary F. Rupp, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6540
Email: maryr@ncua.gov

RIN:

3133-AC56


National Credit Union Administration (NCUA)

Final Rule Stage

 


4522. REGULATORY FLEXIBILITY AND EXEMPTION PROGRAM

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1757; 12 USC 1756; 12 USC 1766

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 742

Legal Deadline:

None

Abstract:

NCUA solicited public comment on whether NCUA should adopt a regulation that would permit well capitalized credit unions to be exempt from certain NCUA regulations, in whole or in part.

Timetable:
Action Date FR Cite
ANPRM 03/22/00 65 FR 15275
ANPRM Comment Period End 05/22/00
NPRM 03/15/01 66 FR 15055
NPRM Comment Period End 05/14/01
Final Action 12/00/01

Regulatory Flexibility Analysis Required:

Undetermined

Government Levels Affected:

None

Agency Contact:

Michael J. McKenna, Senior Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6562
Email: mmckenna@ncua.gov

RIN:

3133-AC38

4523. OMB CONTROL NUMBERS

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1766(a); 5 USC 3507(f)

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 795

Legal Deadline:

None

Abstract:

NCUA plans to update the display table that lists the current OMB control numbers and the 12 CFR part or section where each number is described or identified.

Timetable:
Action Date FR Cite
Final Action 12/00/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Regina M. Metz, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314
Phone: 703 518-6540
Email: rmetz@ncua.gov

RIN:

3133-AC52

4524. DEFINITIONS AND TECHNICAL AMENDMENTS

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1752; 12 USC 1755 to 1757; 12 USC 1759; 12 USC 1761; 12 USC 1766 to 1767; ...

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 700; 12 CFR 701; 12 CFR 712; 12 CFR 723; 12 CFR 725; ...

Legal Deadline:

None

Abstract:

NCUA plans to amend various rules to make technical corrections and revise certain definitions.

Timetable:
Action Date FR Cite
NPRM 06/21/01 66 FR 33211
NPRM Comment Period End 08/20/01
Final Action 12/00/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Regina M. Metz, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314
Phone: 703 518-6540
Email: rmetz@ncua.gov

RIN:

3133-AC53

4525. ¤ TRUTH IN SAVINGS

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 4311

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 707

Legal Deadline:

Other, Statutory, November 6, 2001, Interim Final Rule.
Mandated by Truth in Savings Act.

Abstract:

NCUA is amending its Truth in Savings rule in compliance with the Truth in Savings Act which requires NCUA to amend its rule in conformity with changes made by the Federal Reserve Board to its Regulation DD.

Timetable:
Action Date FR Cite
Interim Final Rule 12/00/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Frank S. Kressman, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6558
Fax: 703 518-6569
Email: fkressman@ncua.gov

RIN:

3133-AC57

4526. ¤ NONDISCRIMINATION IN FEDERALLY ASSISTED PROGRAMS

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Unfunded Mandates:

Undetermined

Legal Authority:

42 USC 2000d et seq; 29 USC 793; 42 USC 6101 et seq

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

Not Yet Determined

Legal Deadline:

None

Abstract:

The purpose of this rule is to implement Federal statutes that prohibit credit unions that receive Federal financial assistance from discrimination on certain bases.

Timetable:
Action Date FR Cite
Final Action 12/00/01
Final Action Effective 01/00/02

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Paul M. Peterson, Staff Attorney, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6555
Fax: 703 518-6569
Email: ppeterson@ncua.gov

RIN:

3133-AC59


National Credit Union Administration (NCUA)

Completed Actions

 


4527. INCIDENTAL POWERS

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1757(16); 12 USC 1766; 12 USC 1789

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 721

Legal Deadline:

None

Abstract:

The NCUA revised this part to categorize activities deemed to be within the incidental powers of a Federal credit union.

Timetable:
Action Date FR Cite
ANPRM 11/26/99 64 FR 66413
NPRM 11/24/00 65 FR 70526
Final Action 08/06/01 66 FR 40845
Final Action Effective 09/05/01

Regulatory Flexibility Analysis Required:

No

Government Levels Affected:

None

Agency Contact:

Michael J. McKenna, Senior Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6562
Email: mmckenna@ncua.gov

RIN:

3133-AC07

4528. RECORDS PRESERVATION PROGRAM AND RECORD RETENTION APPENDIX

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1766

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 749

Legal Deadline:

None

Abstract:

Review and update provisions regarding record retention requirements and electronic storage.

Timetable:
Action Date FR Cite
NPRM 02/23/01 66 FR 11239
NPRM Comment Period End 04/24/01
Final Action 08/03/01 66 FR 40579
Final Action Effective 09/04/01

Regulatory Flexibility Analysis Required:

No

Government Levels Affected:

None

Agency Contact:

Dianne M. Salva, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6540
Email: dsalva@ncua.gov

RIN:

3133-AC41

4529. CREDIT PRACTICES

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

15 USC 57a; 15 USC 1681b

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 706

Legal Deadline:

None

Abstract:

NCUA has postponed its consideration of a broad advance notice of proposed rulemaking regarding the Fair Credit Reporting Act (FCRA) until NCUA and the bank regulatory agencies complete their FCRA opt-out notice rulemaking.

Timetable:
Action Date FR Cite
Withdrawn 07/31/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Chrisanthy J. Loizos, Staff Attorney, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314
Phone: 703 518-6567
Fax: 703 518-6569
Email: cloizos@ncua.gov

RIN:

3133-AC43

4530. PREPAYMENT FEES TO FEDERAL HOME LOAN BANK

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1787

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 709

Legal Deadline:

None

Abstract:

NCUA adopted a rule clarifying that as conservator or liquidating agent of a federally insured credit union, the NCUA Board will honor a claim for prepayment fees by a Federal Home Loan Bank under certain circumstances.

Timetable:
Action Date FR Cite
Interim Final Rule 02/23/01 66 FR 11229
Interim Final Rule Comment Period End 04/24/01
Final Action 08/03/01 66 FR 40574
Final Action Effective 09/04/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Chrisanthy J. Loizos, Staff Attorney, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314
Phone: 703 518-6567
Fax: 703 518-6569
Email: cloizos@ncua.gov

RIN:

3133-AC44

4531. CREDIT UNION SERVICE ORGANIZATIONS (CUSOS)

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1756; 12 USC 1757(5)(D) and (7)(I); 12 USC 1766; 12 USC 1782; 12 USC 1784; ...

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 712

Legal Deadline:

None

Abstract:

The final rule clarifies that the list of permissible activities in the CUSO rule is intended to establish broad categories of permissible activities and that the listings under these categories are illustrative not exhaustive. The final rule also adds a federally chartered corporation to the list of permissible structures for a CUSO.

Timetable:
Action Date FR Cite
NPRM 02/22/01 66 FR 11125
NPRM Comment Period End 04/23/01
Final Action 08/03/01 66 FR 40575
Final Action Effective 09/04/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Mary F. Rupp, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6540
Email: maryr@ncua.gov

RIN:

3133-AC45

4532. COMMUNITY DEVELOPMENT REVOLVING LOAN PROGRAM FOR CREDIT UNIONS

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1772C-1; 42 USC 9822

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 705

Legal Deadline:

None

Abstract:

The NCUA revised its regulations pertaining to the Community Development Revolving Loan Program for Credit Unions (CDRLP) to make more flexible the manner in which NCUA may deliver technical assistance to participating credit unions. This revision reflects the board authority granted to NCUA by the Federal Credit Union Act (Act) in this context.

Timetable:
Action Date FR Cite
Interim Final Rule 12/21/00 65 FR 80298
Interim Final Rule Comment Period End 02/20/01
Final Action 04/26/01 66 FR 20901
Final Action Effective 04/26/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Frank S. Kressman, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6558
Fax: 703 518-6569
Email: fkressman@ncua.gov

RIN:

3133-AC47

4533. INTERPRETIVE RULING AND POLICY STATEMENT (IRPS-01-2) CENTRAL LIQUIDITY FACILITY ADVANCE POLICY

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

12 USC 1795 to 1795F

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 725

Legal Deadline:

None

Abstract:

The policy statement is intended to clarify the role of the Central Liquidity Facility (CLF) and the circumstances when the CLF will approve a regulator or agent member's request for a CLF advance.

Timetable:
Action Date FR Cite
NPRM 10/25/00 65 FR 63892
NPRM Comment Period End 01/23/01
Final Action 04/26/01 66 FR 21019
Final Action Effective 05/29/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Frank S. Kressman, Staff Attorney, Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6558
Fax: 703 518-6569
Email: fkressman@ncua.gov

RIN:

3133-AC48

4534. REQUIREMENTS FOR INSURANCE (SUBPART B)

Timetable:
Action Date FR Cite
Duplicate of RIN 3133-AC14 (Completed in Spring 2001 Agenda) 04/30/01

RIN:

3133-AC55

4535. ¤ NONDISCRIMINATION IN ADVERTISING

Agency:

National Credit Union Administration (NCUA)

Priority:

Substantive, Nonsignificant

Legal Authority:

42 USC 3604(c)

CFR Citation: (To search for a specific CFR, visit the Code of Federal Regulations.)

12 CFR 701.31(d)

Legal Deadline:

None

Abstract:

Updated the NCUA regulations for advertising and posting notice of nondiscrimination in real estate-related lending.

Timetable:
Action Date FR Cite
NPRM 04/26/01 66 FR 20945
NPRM Comment Period End 06/25/01
Final Action 09/19/01 66 FR 48205
Final Action Effective 10/19/01

Regulatory Flexibility Analysis Required:

No

Small Entities Affected:

No

Government Levels Affected:

None

Agency Contact:

Paul M. Peterson, Staff Attorney, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314-3428
Phone: 703 518-6555
Fax: 703 518-6569
Email: ppeterson@ncua.gov

RIN:

3133-AC58