# Organization and Operations of Federal Credit Unions
> **US National Credit Union Administration** · Final rule. · Published 2000-03-22 · Effective 2000-07-01 · 65 FR 15224
## Document
- **Document number:** 00-7039
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 65 FR 15224
- **CFR reference:** 12 CFR 701
- **Publication date:** 2000-03-22
- **Effective date:** 2000-07-01
## Abstract

NCUA is amending its lending regulation to permit federal credit unions to advance money to members to cover account deficits without having a credit application from the member on file if the credit union has a written overdraft policy. The change will enable credit unions to offer this service without subjecting credit unions to undue risk.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2000/03/22/00-7039/organization-and-operations-of-federal-credit-unions)
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