NCUA Amends Rules To Conform To the FCU Act
Thursday, 28 July 2011 08:53

NCUA is amending its rules to conform to the amendments made in the Federal Credit Union Act (FCU Act) by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) which became effective Wednesday, July 27th.

The interim final rule adds remittance transfers, as now defined under the Electronic Fund Transfer Act (EFTA), as an example of money transfer instruments Federal credit unions (FCUs) may provide to persons within their fields of membership.  Read More

 

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