# Loan Workouts and Nonaccrual Policy, and Regulatory Reporting of Troubled Debt Restructured Loans
> **US National Credit Union Administration** · Final rule; limited extension of compliance date for certain requirements. · Published 2012-05-31 · Effective 2012-07-02 · 77 FR 31993
## Document
- **Document number:** 2012-13214
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 77 FR 31993
- **CFR reference:** 12 CFR 741
- **Publication date:** 2012-05-31
- **Effective date:** 2012-07-02
## Abstract

NCUA is amending its regulations to require federally insured credit unions (FICUs) to maintain written policies that address the management of loan workout arrangements and nonaccrual policies for loans, consistent with industry practice or Federal Financial Institutions Examination Council (FFIEC) requirements. The final rule includes guidelines, set forth as an interpretive ruling and policy statement (IRPS) and incorporated as an appendix to the rule, that will assist FICUs in complying with the rule, including the regulatory reporting of troubled debt restructured loans (TDR loans or TDRs) in FICU Call Reports.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/05/31/2012-13214/loan-workouts-and-nonaccrual-policy-and-regulatory-reporting-of-troubled-debt-restructured-loans)
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