3133-AE45 201410 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 3133 National Credit Union Administration NCUA Regulatory Flexibility Act Threshold

The Regulatory Flexibility Act (RFA) generally requires Federal agencies to determine and specially consider the impact of proposed and final rules on small entities. Under the RFA, NCUA has authority to define what credit unions qualify as small entities and receive special consideration in the rulemaking process.  In 2013, the NCUA Board (Board) increased the threshold it uses to determine what credit unions were "small" for purposes of the RFA from $10 million to $50 million.  The Board simultaneously committed to review the threshold within 2 years of the increase and every 3 years thereafter.  In line with this review schedule, the Board proposes to increase the threshold again in 2015 in response to changing industry characteristics.  Existing regulations with exemption thresholds, including regulations governing interest rate risk and liquidity contingencies, will be reviewed either in conjunction with the RFA threshold review or in NCUA's regular 3-year review cycle.

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage No No Not Yet Determined 5 USC 601 to 612 12 USC 1751 et seq No NPRM 02/00/2015 No Organizations None No No www.ncua.gov/Legal/Regs/Pages/PropRegs.aspx No No Kevin Tuininga Associate General Counsel for Administrative Law 3133 National Credit Union Administration NCUA 703 518-6543 703 837-2172 ktuininga@ncua.gov 1775 Duke Street, Alexandria VA 22314