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Fair Hiring in Banking

NCUA · final-rule · Published 2024-09-30 · Effective 2024-10-30 · 89 FR 79380

Document

Document number
2024-21887
Federal Register citation
89 FR 79380
CFR reference
12 CFR 701
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
2024-09-30
Effective date
2024-10-30
Docket
NCUA-2023-0023

Abstract

The NCUA Board (Board) is issuing this final rule to incorporate Interpretive Ruling and Policy Statement (IRPS) 19-1 and the Fair Hiring in Banking Act (FHBA) into its regulations. The Federal Credit Union Act (FCU Act) generally prohibits, except with the Board's prior written consent, any person who has been convicted of or has a program entry for certain criminal offenses involving dishonesty or breach of trust from participating in the affairs of an insured credit union. The final rule will expand career opportunities for individuals to work and volunteer at insured credit unions. The Board also rescinds IRPS 19-1.

Source

Authoritative
Federal Register document
Machine
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