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NCUA RIN: 3133-AF00 Publication ID: Fall 2019 
Title: ●Public Unit and Nonmember Shares 
Abstract:

The NCUA Board issued a proposed rule to amend the NCUA’s public unit and nonmember share rule, section 701.32, to allow Federal credit unions to receive public unit and nonmember shares up to 50 percent of the credit union’s total shares. Section 701.204 of the NCUA’s regulations currently applies the NCUA’s public unit and nonmember share rule to all federally insured credit unions. The NCUA is currently awaiting comments on the proposed rule and will move toward a final rule.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 701.32   
Legal Authority: 12 U.S.C. 1766    12 U.S.C. 1787    12 U.S.C. 1789   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  05/30/2019  84 FR 25018   
NPRM Comment Period End  07/29/2019 
Final Action  11/00/2019 
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/recent-final-interim-f  
RIN Data Printed in the FR: No 
Agency Contact:
Thomas I. Zells
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 548-2478
Fax:703 518-8566
Email: tizells@ncua.gov