Regulatory Affairs Updates: June 7, 2023

NCUA Proposed Rule on Expanding Chartering and FOM: The NCUA proposed rule is designed to streamline field of membership and simplify application requirements for community-based federal credit unions by providing a standard form for both business and marketing plans. 

Chief Examiner Shares Priorities and Concerns: The Minnesota Credit Union Network staff met with the Minnesota Department of Commerce’s Chief Examiner, Aeton de Long-Hersh, to discuss regulatory and examination concerns.  

The Pandemic Health Emergency is Over: What's Next? The National Institute of Health (NIH) declared in a press release the official end of the pandemic on May 11, 2023. 

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