NCUA removes an outdated policy statement regarding federal credit union charters
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Table of Contents
The National Credit Union Administration (NCUA) is canceling a specific policy document known as Interpretive Ruling and Policy Statement 10-1. This document previously provided guidance on how federal credit unions could establish their membership and chartering requirements.
Why it matters: This is a minor administrative cleanup intended to reduce paperwork and regulatory confusion by consolidating guidance into one place.
Who it affects
- Federal credit unions
This action was taken by the National Credit Union Administration; readers should consult the official Federal Register entry before making compliance decisions.
Agency: National Credit Union Administration
Source: Federal Register — read the official document