NCUA Continues Series of Town Halls to Discuss Corporate Credit Unions

Oct. 12, 2010 — During the month of October, National Credit Union Administration (NCUA) leadership and staff are traveling the country holding town halls to discuss the final corporate credit union rule and the legacy assets plan.

The town hall series began October 5 in Portland, Oregon and will continue to October 29. On Sept. 24, the agency released its final rule for Part 704, corporate credit unions, and announced its legacy asset plan, a program intended to remove toxic assets from the balance sheets of conserved corporates.

To view the schedule of town halls, follow this link. More information on the final rule and legacy asset plan can found under NASCUS Regulatory Resources at this link.