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NCUA: New Reg Requirements Associated with Final Rule on Liquidity and Contingency Funding Become Effective March 31
Monday, March 17, 2014 6:45 AM

New regulatory requirements associated with NCUA’s final rule on Liquidity and Contingency Funding Plans (Part 741.12) will become effective on March 31, 2014.  These new requirements will apply to all federally insured credit unions except for corporate credit unions.

For a complete overview of the requirements, please refer to NCUA Letter to Credit Unions, Guidance on How to Comply with NCUA Regulation §741.12 Liquidity and Contingency Funding Plans (13-CU-10), which was issued in October 2013.