NCUA issued three letters to credit unions in the early days of 2021, one summarizing the latest COVID relief/government funding bill, and two outlining field of membership conversions and one with the 2021 Operating Fee Schedule.
NCUA will receive a briefing on the COVID/funding legislation at its Jan. 14 board meeting.
The letter (21-CU-01) address provisions in the legislation relating to:
The agency also issued two letters to federal credit unions so far this year: