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NCUA RIN: 3133-AE78 Publication ID: Spring 2018 
Title: Accuracy of Advertising and Notice of Insured Status 
Abstract:

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.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Independent agency 
CFR Citation: 12 CFR 740   
Legal Authority: 12 U.S.C. 1766    12 U.S.C. 1781    12 U.S.C. 1785    12 U.S.C. 1789   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  10/04/2017  82 FR 46173   
NPRM Comment Period End  12/04/2017 
Final Action  05/00/2018 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.ncua.gov/regulation-supervision/Pages/rules/proposed.aspx  
RIN Data Printed in the FR: No 
Agency Contact:
Marvin Shaw
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6553
Fax:703 518-6569
Email: mshaw@ncua.gov