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Accuracy of Advertising and Notice of Insured Status

NCUA · final-rule · Published 2018-04-25 · Effective 2018-05-25 · 83 FR 17910

Document

Document number
2018-08557
Federal Register citation
83 FR 17910
CFR reference
12 CFR 740
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2018-04-25
Effective date
2018-05-25

Abstract

The NCUA Board (Board) is revising provisions of the NCUA's advertising rule to provide regulatory relief to federally insured credit unions (FICUs). The advertising rule requires FICUs to use the NCUA's official advertisement statement when advertising, and it currently permits three versions of that statement. Under this final rule, the Board is allowing FICUs the option of using a fourth version: "Insured by NCUA." To provide additional regulatory relief, the Board is: Expanding a current exemption from the advertising statement requirement regarding radio and television advertisements; and eliminating the requirement to include the official advertising statement on statements of condition required to be published by law.

Source

Authoritative
Federal Register document
Machine
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