# Corporate Credit Unions
> **US National Credit Union Administration** · Final rule; delay of compliance. · Published 1997-12-04 · 62 FR 64148
## Document
- **Document number:** 97-31503
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 62 FR 64148
- **CFR reference:** 12 CFR 704
- **Publication date:** 1997-12-04
## Abstract

On March 7, 1997, the NCUA Board issued final amendments to part 704 of the NCUA Rules and Regulations, which governs corporate credit unions. The effective date of the final amendments is January 1, 1998. While the effective date remains the same, this document delays mandatory compliance with the final amendments until May 1, 1998. The delay gives corporate credit unions more time to meet the capital, staff, and infrastructure requirements of the new regulation.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1997/12/04/97-31503/corporate-credit-unions)
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