# Loans to Members and Lines of Credit to Members
> **US National Credit Union Administration** · Final rule. · Published 2019-03-25 · Effective 2019-04-24 · 84 FR 10971
## Document
- **Document number:** 2019-05186
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 84 FR 10971
- **CFR reference:** 12 CFR 701
- **Publication date:** 2019-03-25
- **Effective date:** 2019-04-24
## Abstract

The NCUA Board (Board) is amending its regulations regarding loans to members and lines of credit to members to reduce regulatory burden, improve clarity, and make compliance easier. The amendments make the NCUA's regulations more user friendly by identifying in one section all of the various maturity limits applicable to federal credit union (FCU) loans, stating that the maturity date for a new loan under generally accepted accounting principles (GAAP) is calculated from the origination date of the new loan, and more clearly expressing the limits for loans to a single borrower or group of associated borrowers.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2019/03/25/2019-05186/loans-to-members-and-lines-of-credit-to-members)
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