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NCUA RIN: 3133-AF36 Publication ID: Fall 2021 
Title: Temporary Asset Thresholds 
Abstract:

The NCUA issued an interim final rule to increase the asset thresholds for capital planning and stress testing requirements and Office of National Examinations and Supervision oversight. The interim final rule would provide relief for credit unions whose asset size has grown as a result of the COVID-19 pandemic, which would otherwise subject them to additional supervisory and regulatory requirements applicable to large credit unions. The interim final rule included a request for public comments, which the Board is considering.

 
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 
CFR Citation: 12 CFR 700.2    12 CFR 702.1 and 702.2    12 CFR 702.302    12 CFR 702.502    12 CFR 708a.101    12 CFR 708s.301    12 CFR 708b.2    12 CFR 790.2     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 12 U.S.C. 1766(a)    12 U.S.C. 1790d   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  03/23/2021  86 FR 15397   
Interim Final Rule Effective-Except for Amendatory Instruction 4, Effective 01/01/2021  03/23/2021 
Interim Final Rule Comment Period End  05/24/2021 
Final Action  03/00/2022 
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-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