NCUA removes outdated policy statement regarding credit union membership rules
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Table of Contents
The National Credit Union Administration (NCUA) is canceling an old rule called Interpretive Ruling and Policy Statement 08-2. This specific document previously provided guidance on how federal credit unions could add underserved areas to their membership base.
Why it matters: This is a minor administrative cleanup intended to reduce paperwork confusion by consolidating rules into a single manual.
Who it affects
- Federal credit unions
This information comes from the National Credit Union Administration via the Federal Register; readers should consult the official document before making compliance decisions.
Agency: National Credit Union Administration
Source: Federal Register — read the official document