NASCUS Now Developing Comment Letters - Your Comments Welcome By September 19

September 11 - NASCUS is currently working on NCUA's proposed rulemaking on "troubled condition" for state-chartered credit unions and the proposed rule on Emergency Liquidity. As both proposals contain provisions troubling to NASCUS, we encourage you to send us your comments by September 19th.

The NASCUS Board, the NASCUS Credit Union Executive Council and the NASCUS Legislative and Regulatory Affairs Committees will be developing comments during the meetings preceding the NASCUS Summit this week.

Share any feedback for the NASCUS comment letters on either "troubled condition" or "Access to Emergency Liquidity" with Brian Knight at NASCUS members can view a summary of the proposed rulemaking to amend the definition of "troubled condition" here. NASCUS members can view the NASCUS summary of the proposed rule on Maintaining Access to Emergency Liquidity here.


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