The National Credit Union Association (NCUA) is seeking comments on its field of membership rule proposing to raise the population cap for well-defined local communities from 2.5 million to 10 million.
Dec. 9 is the deadline for credit unions to submit comments on NCUA’s proposed alternative approaches to FOM issues, according to a press release. The National Association of Federal Credit Unions is seeking members’ input by Nov. 25 regarding the organization’s official comment.
Read on to learn more about the proposed rule.