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NCUA proposed rule would raise nonmember capital limit

Posted: May 23, 2019 | Author:

The National Credit Union Administration Board held its fifth open meeting of 2019 at the agency’s headquarters today and unanimously approved one item:

  • A proposed rule allowing a federal credit union to accept nonmember and public unit shares up to 50% of its unimpaired capital and surplus.

For more information, visit the NCUA website.

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