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Rulemaking Process › Credit Unions › National Credit Union Administration

Troutman Pepper Locke

Credit Unions Advocate for Digital Asset Custody in Light of GENIUS Act

Troutman Pepper Locke on

On July 18, America’s Credit Unions sent a letter to the Honorable Kyle Hauptman, Chairman of the National Credit Union Administration (NCUA), urging the agency to initiate rulemaking that would allow credit unions to take...more

Ballard Spahr LLP

NCUA Board Votes to Maintain 18% Interest Rate Ceiling on Most Loans

Ballard Spahr LLP on

The NCUA board on July 18 voted to maintain its interest rate ceiling on most loans at 18% from Sept. 11, 2024 through March 10, 2026. ...more

Orrick, Herrington & Sutcliffe LLP

NCUA will maintain loan interest rate ceiling at 18%

Orrick, Herrington & Sutcliffe LLP on

On January 27, the NCUA board unanimously voted to maintain the current temporary 18 percent interest rate ceiling for loans made by federal credit unions (FCUs) for another 18 months. ...more

Ballard Spahr LLP

NCUA finalizes rule authorizing new payday loan alternative option

Ballard Spahr LLP on

The National Credit Union Administration has published a final rule in the Federal Register that amend the NCUA’s general lending rule to provide federal credit unions (FCU) with a second option for offering “payday...more

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