Federal Register - Credit Unions Proposals

Corporate Credit Unions

By

Use this page to get oriented quickly.

The brief below is a reading aid. The original source material and source link remain the governing reference.

Operational Brief

The NCUA Board proposes to rescind IRPS 11-02 regarding corporate credit union charters, deeming it redundant. This action aims to eliminate potential confusion.

Why It Matters for Texas Credit Unions

The article does not mention Texas or any Texas-specific entities and the proposed change applies nationwide.

Who this most likely affects

Bounded site guidance: This item is most likely relevant for boards, executive leadership, and governance owners.

Why this fit: The source language points to governance, management, or supervisory posture rather than a narrow line function.

This is site guidance, not a formal determination. Federal Register - Credit Unions and the original source material remain the governing reference.

Private Follow-Up

Save this for follow-up.

Sign in to keep a private note, target date, or reminder for this item.

Sign in to save this item Create account

Original Source Material

The NCUA Board (Board) is issuing for public comment a proposal to rescind its Interpretive Ruling and Policy Statement (IRPS) 11-02, which addresses chartering corporate credit unions, because it is redundant to the Federal Corporate Credit Union Chartering Manual. This action will eliminate potential confusion.