NCUA FOM – What will happen if the American Bankers Association litigation proceeds against NCUA’s new field of membership rule? How will it impact approvals?

Compliance > NCUA
Q:  What will happen if the American Bankers Association litigation proceeds against NCUA’s new field of membership rule?  How will it impact approval?.   
 
A:  NCUA is implementing the final rule.  It is NCUA policy not to comment or speculate on pending litigation.
 
 
 
ADDITIONAL INFORMATION:
This information was obtained from the NCUA’s website, Chartering and Field of Membership Resources page -    https://www.ncua.gov/services/Pages/field-of-membership-chartering.aspx
 

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