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Federal Register: FHFA Issues Final Rule Amending FHLB Membership for Certain State-Chartered Credit Unions

The Federal Housing Finance Agency amended its regulations to allow certain state-chartered credit unions to obtain Federal Home Loan Bank memberships without having federal share insurance. The amendment was adopted in order to implement a provision of the Fixing America's Surface Transportation Act and will become effective on July 5, 2017.

Primary Sources

  1. Federal Register: Federal Home Loan Bank Membership for Non-Federally-Insured Credit Unions (82 FR 25716)

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Tags

Regulated Activities
Registration Process
Regulated Entities
Banking Entities
Sub-Entity
Credit Unions
Body of Law
Banking Law
Jurisdiction
US - Federal
Organization
Other US Banking Regulators
Sub-Author
FHFA