3133-AE78 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 3133 National Credit Union Administration NCUA Accuracy of Advertising and Notice of Insured Status

The NCUA Board (Board) previously proposed to revise certain provisions of the NCUA's advertising rule to provide regulatory relief to federally insured credit unions (FICUs).  In addition to being permitted to use any of the three current versions of the official advertising statement, the Board proposed to allow FICUs the option of using a fourth version, namely by stating "Insured by NCUA."  To provide additional regulatory relief, the Board proposed to:  (1) expand a current exemption from the advertising statement requirement regarding radio and television advertisements; and (2) eliminate the requirement to include the official advertising statement on statements of condition required to be published by law.  The NCUA is working towards finalizing this rule.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No Independent agency 12 CFR 740 12 U.S.C. 1766 12 U.S.C. 1781 12 U.S.C. 1785 12 U.S.C. 1789 No NPRM 10/04/2017 82 FR 46173 NPRM Comment Period End 12/04/2017 Final Action 05/00/2018 No No None No No www.ncua.gov/regulation-supervision/Pages/rules/proposed.aspx No No Marvin Shaw Senior Staff Attorney 3133 National Credit Union Administration NCUA 703 518-6553 703 518-6569 mshaw@ncua.gov 1775 Duke Street, Alexandria VA 22314