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NCUA RIN: 3133-AE95 Publication ID: Fall 2021 
Title: Credit Union Service Organizations (CUSOs) 
Abstract:

The NCUA Board issued a proposed rule to expand the permissible lending activities for CUSOs under part 712.  The proposed rule also solicits comments on permissible investments in CUSOs by federal credit unions.  To allow interested persons more time to consider and submit their comments, the Board extended the comment period an additional 30 days.  The comment period has closed; the Board is considering the public comments.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 712   
Legal Authority: 12 U.S.C. 1756    12 U.S.C. 1757(5)(D) and (7)(1)    12 U.S.C. 1766    12 U.S.C. 1782    12 U.S.C. 1784 to 1786   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  02/26/2021  86 FR 11645   
NPRM Comment Period End  03/29/2021 
Comment Period Extended  03/31/2021  86 FR 16680   
Comment Period Extended End  04/30/2021 
Final Action  10/26/2021  86 FR 59289   
Final Action Effective  11/26/2021 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.ncua.gov/regulation-supervision/rules-regulations/proposed-pending-recently-final-regulations  
RIN Data Printed in the FR: No 
Agency Contact:
Rachel J. Ackmann
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 548-2601
Fax:703 518-6569
Email: rackmann@ncua.gov