National Credit Union Administration October 15, 2007 – Federal Register Recent Federal Regulation Documents

Management Official Interlocks Threshold Change
Document Number: E7-20266
Type: Rule
Date: 2007-10-15
Agency: National Credit Union Administration, Agencies and Commissions
The NCUA is amending its management interlocks rule to conform it to a change the Financial Services Regulatory Relief Act of 2006 (FSRAA) made in the dollar threshold that triggers the prohibition on management officials serving at unaffiliated depository organizations. This final rule changes the threshold from $20 million to $50 million.
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