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NCUA RIN: 3133-AE71 Publication ID: Spring 2018 
Title: Chartering Manual--Community Chartering 
Abstract:

The NCUA Board (Board) previously proposed amending its chartering and field of membership rules to give applicants for community charter approval the opportunity to submit a narrative to establish common interests or interaction among residents of the area it proposes to serve, thus qualifying the area as a well-defined local community.  The Board also proposed to increase up to 10 million the population limit on a community consisting of a statistical area or portion thereof.  In addition, the Board proposed permitting a credit union to designate a portion of the area as its community without regard to division boundaries, when such area is subdivided into metropolitan divisions.  The NCUA is working towards finalizing the 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: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 701   
Legal Authority: 12 U.S.C. 1759   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  10/27/2016  81 FR 78748   
NPRM Comment Period End  12/09/2016 
Final Action  12/00/2018 
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