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NCUA | RIN: 3133-AF46 | Publication ID: Spring 2023 |
Title: ACCESS Initiative: Chartering and Field of Membership (FOM) Regulations | |
Abstract:
The Board’s Advancing Communities through Credit, Education, Stability, and Support (ACCESS) initiative is designed to refresh and modernize regulations, policies, and programs in support of greater financial inclusion within the NCUA and the credit union system. As part of the ACCESS initiative, the Board previously issued a proposed rule to amend its chartering and field of membership regulations. The proposed regulatory amendments would remove outdated requirements, simplify the charter approval process, and clarify regulatory language. The Board will review the comments and consider final action. |
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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 701 app B | |
Legal Authority: 12 U.S.C. 1752(5) 12 U.S.C. 1755 to 1759 12 U.S.C. 1761a to 1761b 12 U.S.C. 1767 12 U.S.C. 1782 12 U.S.C. 1784 to 1789 15 U.S.C. 3717 15 U.S.C. 1601 et seq. 42 U.S.C. 1981 42 U.S.C. 3601 to 3610 42 U.S.C. 4311 to 4312 |
Legal Deadline:
None |
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Timetable:
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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/rulemakings-proposals-comment | |
RIN Data Printed in the FR: No | |
Agency Contact: Ariel Pereira Senior Staff Attorney National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 548-2778 Fax:703 518-6569 Email: apereira@ncua.gov |