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Small Credit Union Definition

At the NCUA Board meeting on January 10th the National Credit Union Administration amended the definition of a small entity raising the asset threshold from 10 million dollars to 50 million dollars.  This new threshold will bring regulatory relief to an additional 2,270 credit unions.  Join this presentation on the Compliance Connection to review the benefits of the new rule. To get the actual text of rule click here.  Click here for a complete handout of this presentation and be sure to follow us on Twitter!

Text of the Rule: http://www.ncua.gov/Legal/Documents/Regulations/FIR20130110InsuranceReq.pdf

 

Uploaded on Jan 31, 2013

Tags: shawn wolbert, cube tv, small credit unions, CU Compliance Connection Share on Facebook Share on Google+ Share on Twitter Send through email Embed Download

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