Legal Briefs
Your weekly update on the regulatory landscape.
Anthem
Comments Received on Corporate Prepayment Program to Be Made Public
Unless it hears concerns about making the comments public on or before June 10, the NCUA will post all comments on its website. Comments on the prepayment program accepted until June 20.
NCUA Clarifies Plan for Voluntary Prepaid Assessments
In a teleconference last week, the NCUA made two key clarifications about its voluntary Corporate Stabilization prepayment program, which is currently out for comment.
Legal Briefs
Your update on the regulatory landscape.
NCUA Seeks Input on Plan for Voluntary Prepaid Assessments
According to the NCUA’s analysis, the Federal Credit Union Act does not allow the agency to charge a mandatory prepaid assessment to all credit unions. However, the agency has developed a plan to allow credit unions to voluntarily prepay some of their stabilization fund assessments.