NCUA removes redundant policy statement on corporate credit union charters
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Table of Contents
The National Credit Union Administration (NCUA) is canceling an old policy called Interpretive Ruling and Policy Statement (IRPS) 11-02. This specific document previously provided instructions on how to charter corporate credit unions.
Why it matters: This is a minor administrative cleanup intended to ensure that chartering instructions are found in one central manual rather than across multiple documents.
Who it affects
- Entities looking to charter corporate credit unions
This action was issued by the NCUA; readers should consult the Federal Register for the official text before relying on these rules.
Agency: National Credit Union Administration,
Source: Federal Register — read the official document