ALEXANDRIA, Va. (March 26, 2021) – The NCUA Board unanimously approved by notation vote a 30-day extension of the comment period for its proposed rule on credit union service organizations, Part 712.
This rule, proposed during the January 2021 NCUA Board Meeting, would expand the list of permissible activities and services for CUSOs. Specifically, it would:
The NCUA is also seeking comment on broadening the investment authority of federal credit unions in CUSOs.
The new due date for public comments will be published in the Federal Register in the near future. For more information on these proposed changes to the agency’s CUSO rule, please go to https://www.regulations.gov/docket/NCUA-2021-0036/document (opens new window).
WASHINGTON – Today, the U.S. Department of the Treasury (Treasury), as Chair of the Committee…
WASHINGTON—Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and…
Washington – The findings from the annual survey of U.S. portfolio holdings of foreign securities…
WASHINGTON – The U.S. Department of the Treasury hosted a roundtable on October 30 with…
WASHINGTON – The United States and the People’s Republic of China held the sixth meeting…
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…