View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

NCUA RIN: 3133-AE94 Publication ID: Spring 2021 
Title: Rate Ceiling for Federal Credit Union Loans 

The NCUA Board (Board) may issue an advance notice of proposed rulemaking to solicit comments on various issues related to the interest rate ceiling for loans granted by federal credit unions (FCUs). Specifically, the Board may solicit comments on: 1) The impact the statutory interest rate ceiling imposed by the Federal Credit Union Act has on FCUs; and 2) the methodologies the Board may use to set a temporary interest rate ceiling for FCUs, including a variable or floating rate.

Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 701.21(c)(7)   
Legal Authority: 12 U.S.C. 1757(5)(A)(vi)   
Legal Deadline:  None
Action Date FR Cite
ANPRM  10/00/2021 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:  
RIN Data Printed in the FR: No 
Agency Contact:
Justin Michael Anderson
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6556
Fax:703 518-6569