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NCUA RIN: 3133-AE94 Publication ID: Fall 2019 
Title: Rate Ceiling for Federal Credit Union Loans 
Abstract:

The NCUA Board (Board) is issuing an advanced notice of proposed rulemaking to solicit comments on various issues related to the interest rate ceiling for loans granted by federal credit unions (FCUs). Specifically, the Board is interested in comments on: 1) The impact the statutory interest rate ceiling imposed by the Federal Credit Union Act has on FCUs; and 2) the methodologies the Board may use to set a temporary interest rate ceiling for FCUs, including a variable or floating rate.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 701.21(c)(7)   
Legal Authority: 12 U.S.C. 1757(5)(A)(vi)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  12/00/2019 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.ncua.gov/regulation-supervision/rules-regulations/proposed-pending-and-recently-final-regulations  
RIN Data Printed in the FR: No 
Agency Contact:
Justin Michael Anderson
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6556
Fax:703 518-6569
Email: janderson@ncua.gov