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NCUA approves rules changes and proposal
The National Credit Union Administration Board has announced it has approved three items on its recent meeting agenda:
- A final rule amending the agency’s regulation requiring real estate appraisals for certain transactions to provide greater clarity and a measure of regulatory relief.
- A final rule updating the agency’s fidelity bond requirements for corporate and natural-person credit unions.
- A proposed interpretive rule and policy statement that would expand career opportunities for individuals convicted of certain minor offenses.