Credit unions will have an additional month to comment on the NCUA's proposed rules changes on community charter as a result of today's announcement by the agency that it is extending the comment period deadline from March 1 to April 15.
NCUA Chairman Debbie Matz said the board extended the deadline because credit unions already face a March 9 deadline to submit comments on the agency's proposed changes for overhauling the rules on corporate credit unions.
"The credit union community is faced with several nearly simultaneous major rulemakings," Matz said in a statement. "We have taken this action to allow the credit union community ample opportunities to give appropriate consideration to both of these significant proposals."
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