Legislation & Regulation
Regulatory Resources
News and Updates View the NCUA Letters to Credit Unions archive here. NCUA-Released Letters to Credit Unions and NASCUS Summaries Back to NASCUS’ summaries of NCUA’s LTCUs, regulatory alerts and more
Part 741 Compendium
This document is an integrated roadmap of Part 741. Each Section of Part 741 is listed in its entirety. Part 741 is divided into two subparts. Subpart A contains regulations that apply directly to FISCUs and are not codified elsewhere in the U.S. Code (“U.S.C.”) or CFR. While the regulations of Subpart A are not fully codified elsewhere, they regularly reference other provisions of the U.S.C. and CFR.
Proposed Rules, NASCUS Comment Letters and Recent Final Rule Summaries 2019
In response to NCUA rulemaking, the NASCUS Legislative & Regulatory Affairs staff crafts rule summaries and comment letters on wide-ranging topics that impact the state credit union system.
Latest CFPB Updates 2019
NASCUS closely monitors CFPB developments and responds to request for comments on rules impacting the credit union system.
NASCUS letter regarding excise tax liabilities
NASCUS wrote to the House Ways & Means Committee leadership expressing concerns regarding anticipated tax liabilities related to the 21% excise tax on excess executive compensation required under the Tax Cut and Jobs Act of 2017 (TCJA).