NCUA moves forward with FOM changes

NCUAboard2019

The NCUA board of directors held their monthly board meeting yesterday and unanimously approved two items: a proposed rule amending the agency’s chartering and field-of-membership regulations in accordance with an August 2019 appellate court decision, and a final rule allowing federally insured credit unions to accept a greater amount of public unit and nonmember shares.

Continue reading “NCUA moves forward with FOM changes”