# Investment and Deposit Activities; Credit Union Service Organizations
> **US National Credit Union Administration** · Final rule. · Published 1999-06-22 · Effective 1999-07-22 · 64 FR 33184
## Document
- **Document number:** 99-15650
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 64 FR 33184
- **CFR reference:** 12 CFR 703
- **Publication date:** 1999-06-22
- **Effective date:** 1999-07-22
## Abstract

The final rule makes four changes to the recently revised rule concerning federal credit unions' (FCUs') investments in and loans to credit union service organizations (CUSOs). The four changes are: First, delete a provision preventing FCUs from investing in or lending to CUSOs in which non-credit union depository institutions are co- investors or lenders; second, revise a provision limiting CUSO investments in non-CUSO service providers; third, delete a provision preventing FCUs from investing in the debentures of a CUSO; and fourth, clarify how the NCUA measures the limit on an FCU's investment in or loans to CUSOs. In addition, the final rule clarifies the meaning of cyber financial services. The changes decrease the regulatory burden for FCUs investing in or lending to CUSOs.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1999/06/22/99-15650/investment-and-deposit-activities-credit-union-service-organizations)
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