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NCUA RIN: 3133-AE97 Publication ID: Fall 2021 
Title: Compensation in Connection With Loans to Members and Lines of Credit to Members 
Abstract:

 

The NCUA Board (Board) is considering issuing a proposed rule to modernize the NCUA's regulations governing compensation in connection with loans to members and lines of credit to members to provide more flexibility to credit unions and their employees.  The Board will consider comments received on its April 2019, advance notice of proposed rulemaking in preparing any proposed rule.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 701.21   
Legal Authority: 12 U.S.C. 1752(5)    12 U.S.C. 1755 to 1759    12 U.S.C. 1761a and 1761b    12 U.S.C. 1766 to 1767    12 U.S.C. 1782    12 U.S.C. 1784 to 1789   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  04/23/2019  84 FR 16796   
ANPRM Comment Period End  06/24/2019 
NPRM  04/00/2022 
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-and-recently-final-regulations  
RIN Data Printed in the FR: No 
Agency Contact:
Thomas I. Zells
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 548-2478
Fax:703 518-8566
Email: tizells@ncua.gov