# Organization and Operations of Federal Credit Unions
> **US National Credit Union Administration** · Interim final rule with request for comments and Interpretive Ruling and Policy Statement 96-2 (IRPS 96-2). · Published 1996-11-22 · Effective 1996-11-14 · 61 FR 59305
## Document
- **Document number:** 96-29886
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 61 FR 59305
- **CFR reference:** 12 CFR 701
- **Publication date:** 1996-11-22
- **Effective date:** 1996-11-14
## Abstract

The purpose of this interim Interpretive Ruling and Policy Statement is to permit federal credit unions to restructure their fields of membership consistent with the recent Court of Appeals decision (``the Decision'') and District Court order (``the Order'') limiting federal credit unions' ability to serve eligible credit union members and new select groups. NCUA recognizes that this interim policy will not provide complete relief to all multiple group federal credit unions, since any interim policy must meet the requirements set forth in the Decision and the Order. Similarly, this interim policy does not assist individuals who wish to obtain, but do not currently have, access to federal credit unions as a result of the Decision. This interim policy is intended to provide limited and temporary relief until the legal issues with respect to the Decision are finally resolved. NCUA is also issuing a final amendment to update its rules entitled ``Organization and Operations of Federal Credit Unions.''

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1996/11/22/96-29886/organization-and-operations-of-federal-credit-unions)
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