National Credit Union Administration May 30, 2019 – Federal Register Recent Federal Regulation Documents

Public Unit and Nonmember Shares
Document Number: 2019-11296
Type: Proposed Rule
Date: 2019-05-30
Agency: National Credit Union Administration, Agencies and Commissions
The NCUA Board (Board) is proposing to amend the NCUA's public unit and nonmember share rule to allow Federal credit unions (FCU) to receive public unit and nonmember shares up to 50 percent of the credit union's paid-in and unimpaired capital and surplus less any public unit and nonmember shares.