# Investment and Deposit Activities-Bank Notes
> **US National Credit Union Administration** · Final rule. · Published 2016-03-30 · Effective 2016-04-29 · 81 FR 17601
## Document
- **Document number:** 2016-07151
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 81 FR 17601
- **CFR reference:** 12 CFR 703
- **Publication date:** 2016-03-30
- **Effective date:** 2016-04-29
## Abstract

The NCUA Board (Board) is finalizing a rule that amends the maturity requirement for bank notes to be permissible investments for federal credit unions (FCUs) by removing the word "original" from the current requirement that bank notes have "original weighted average maturities of less than 5 years."

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2016/03/30/2016-07151/investment-and-deposit-activities-bank-notes)
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