# Permissible Investments for Federal Credit Unions
> **US National Credit Union Administration** · Final rule. · Published 2006-12-20 · Effective 2007-01-19 · 71 FR 76122
## Document
- **Document number:** E6-21662
- **Category:** final-rule
- **Agency:** US National Credit Union Administration
- **Federal Register citation:** 71 FR 76122
- **CFR reference:** 12 CFR 703
- **Publication date:** 2006-12-20
- **Effective date:** 2007-01-19
## Abstract

NCUA is amending its investments rule to allow federal credit unions (FCUs) to enter into investment repurchase transactions in which the instrument consists of first-lien mortgage notes subject to certain limitations. The final rule expands FCU authority to invest in mortgage-related securities while addressing safety and soundness concerns associated with this new investment activity.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2006/12/20/E6-21662/permissible-investments-for-federal-credit-unions)
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