Board Action Bulletin
ALEXANDRIA, Va. (Sept. 19, 2019) – The National Credit Union management Board held its eighth meeting that is open of at the agency’s head office today and authorized three products:
The principle Financial Officer briefed the Board in the performance for the nationwide Credit Union Share Insurance Fund.
Last Payday Alternative Loans Rule Provides Greater Flexibility
Federal credit unions should be able to provide more alternative that is payday options under your final guideline (starts brand new window) authorized, 2-1, because of the NCUA Board.
“The PALs II guideline is really a free-market solution that reacts into the importance of small-dollar financing into the marketplace,” NCUA Chairman Rodney E.