Compensation in Connection With Loans to Members and Lines of Credit to Members
By National Credit Union Administration
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 amending the regulation to allow incentive and bonuses for employees, including senior management, based on lending metrics. The changes aim to provide clearer and more flexible standards while addressing past confusion.
Why It Matters for Texas Credit Unions
The article does not explicitly mention Texas or any Texas-specific entities. This is a general proposal applicable to all federally insured credit unions, including those in Texas, but it does not have specific relevance to Texas CUs.
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.
The NCUA Board (Board) is issuing for public comment a proposal to amend the NCUA's regulation that limits a federally insured credit union (FICU) official and employee compensation in connection with loans to members and lines of credit to members. These regulations have generated confusion and are unduly restrictive. To provide clearer and more flexible standards, the proposed rule would expressly permit incentive and bonuses to employees, including senior management, to incorporate lending metrics as part of compensation based on a credit union's overall financial performance.