The North Carolina Credit Union League, in addition to working with legislators in Washington, DC, work with the financial institution regulators to influence the development of regulations relating to issues affecting credit union operations and the communities we serve.

Regulatory Comment Letters

The North Carolina Credit Union League Compliance and Risk Management Department reviews proposed regulations and monitors issues as they develop to stay abreast of the impact of proposed regulations on credit unions. Your comments are put into action through carefully constructed responses to regulatory proposals.

Click below to view some of the response letters.

• Federal Reserve Bank Truth in Lending Open End Credit Comment Letter - October 7, 2007
• Department of Defense Servicemember Loan Rate Limitation Act February 5, 2007
• NCUA Revisions to Suspicious Activity Reports - August 22, 2006
• NCUA Specialized Lending Activities Comment Letter - February 21, 2006
• NCUA Truth in Savings Amendment Comment Letter - February 7, 2006
• NCUA Federal Credit Union Bylaws Comment Letter - October 11, 2005
• FRB RegCC Remote Checks Letter - May 3, 2005
• U. S Treasury Financial Education Comment Letter - October 29, 2004
• NCUA Part 723 Member Business Loans Regulatory Comment Letter - August 30, 2004