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NCUA RIN: 3133-AE63 Publication ID: Fall 2023 
Title: Investment and Deposit Activities 

The NCUA Board (Board) is considering issuing a proposed rule to amend part 703 to modernize and improve the NCUA’s investment rule. The Board believes there may be certain provisions in part 703 that are overly restrictive and unnecessary from a safety and soundness perspective. A revised part 703 would provide federal credit unions with more flexible investment options.

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 703   
Legal Authority: 12 U.S.C. 1757(7)    12 U.S.C. 1757(8)    12 U.S.C. 1757(14)    12 U.S.C. 1757(15)   
Legal Deadline:  None
Action Date FR Cite
NPRM  02/00/2024 
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:
Rachel J. Ackmann
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 548-2601
Fax:703 518-6569