The NCUA said on Tuesday that the data it provided in the Federal Register estimating the hours required for credit unions’ continued compliance with the Truth in Savings Act was incorrect.
The accurate data was submitted to the Office of Management and Budget on Nov. 7 to correct the Federal Register notices on Aug. 5 and Sept. 26 containing the wrong information, the agency said.
NCUA said it is also “submitting a technical correction to the Federal Register for publication.”
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