National Credit Union Administration June 5, 2007 – Federal Register Recent Federal Regulation Documents

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Chartering and Field of Membership for Federal Credit Unions

Document Number: E7-10398

Type: Proposed Rule

Date: 2007-06-05

Agency: National Credit Union Administration, Agencies and Commissions

The NCUA Board is proposing amendments to its chartering and field of membership manual to update community chartering policies in response to NCUA's experience with reviewing applications of credit unions seeking community charters. These changes include clarifying the documentation requirements for a local community and adding a public comment procedure for certain types of multiple political jurisdiction community charter applications.

https://regulations.justia.com/regulations/fedreg/2007/06/05/E7-10398.html

Federal Credit Union Bylaws

Document Number: E7-10389

Type: Proposed Rule

Date: 2007-06-05

Agency: National Credit Union Administration, Agencies and Commissions

NCUA is proposing to reincorporate the Federal Credit Union (FCU) Bylaws into NCUA regulations. This change clarifies NCUA's ability to use a range of enforcement authorities, in appropriate cases, to enforce the FCU Bylaws. In addition, NCUA is adding a bylaw provision on director succession, an issue it has previously addressed in legal opinions, and is revising the introduction to the Bylaws to conform it to these changes.

https://regulations.justia.com/regulations/fedreg/2007/06/05/E7-10389.html