Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
NCUA tweaks Member Business Lending rule
In one of the first regulatory changes implementing the Economic Growth, Regulatory Relief, and Consumer Protection Act (P. Law 115-174), the NCUA Board has approved a change to its Member Business Lending rule that removes the member’s occupancy requirement for loans secured by liens on 1-to-4-unit family dwellings. The member business lending rule previously required those dwellings to be the primary residence of a member in order to be excluded from limitations on member business loans. The amendment will be effective upon publication.
UPDATE: Published at 83 FR 25881 and effective on June 5, 2018.
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