National Credit Union Administration December 2012 – Federal Register Recent Federal Regulation Documents

Alternatives to the Use of Credit Ratings
Document Number: 2012-30076
Type: Rule
Date: 2012-12-13
Agency: National Credit Union Administration, Agencies and Commissions
NCUA is issuing a final rule to implement certain statutory requirements in Title IX of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) pertaining to the use of credit ratings to assess creditworthiness. The final rule removes references to credit ratings in NCUA regulations or replaces them with other appropriate standards of creditworthiness as required by the Dodd-Frank Act.
Fidelity Bond and Insurance Coverage
Document Number: 2012-30075
Type: Rule
Date: 2012-12-13
Agency: National Credit Union Administration, Agencies and Commissions
The NCUA Board (Board) is adopting as a final rule, without change, the interim final rule that the Board issued in May 2012 that amended NCUA's fidelity bond rule. The interim final rule removed references in the fidelity bond rule to NCUA's former Regulatory Flexibility Program (RegFlex), which granted a RegFlex credit union broader authority to choose the deductible amount of its fidelity bond policy.
Sunshine Act; Notice of Agency Meeting
Document Number: 2012-29267
Type: Notice
Date: 2012-12-03
Agency: National Credit Union Administration, Agencies and Commissions