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NCUA Incidental Powers Comment CallCUNA
Please feel free to fax your responses to CUNA at 202-638-7052; e-mail them to Senior Vice President and Deputy General Counsel Mary Dunn at mdunn@cuna.coop ; or mail them to Mary in c/o CUNA's Regulatory Advocacy Department, 601 Pennsylvania Avenue, NW, South Building, Suite 600, Washington, DC 20004-2601. You may also contact us at 800-356-9655, ext. 6732, if you have questions or would like a copy of the proposed rule. You may also access a copy of the proposed rule here.
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NCUA has issued a proposed rule that would update Incidental Powers, Part 721.
The proposal would add illustrations of permissible activities under the categories of correspondent services, operational programs, and finder activities.
The objective of the proposed amendments is to increase clarity within these categories. Comments are due by July 28, 2008; please submit your comments to CUNA by July 15, 2008. 