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Emergency Mergers Chartering and Field of Membership

NCUA Events
Date:
Sep 29, 2017

The proposed rule would amend the definition of the phrase in danger of insolvency in the agencys Chartering and Field of Membership Manual, lengthen by six months the time period for two of those categories and add a fourth category, to include credit unions that have been granted or received Section 208 assistance within the 15 months before a determination of a danger of insolvency has been made. Comments on the proposed rule, available online here, must be received by September 29.

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