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Breaking – NCUA board passes MBL rule

admin1 min readFebruary 18, 2016

The NCUA board approved the final MBL rule in its meeting on Thursday. The new rule will go into effect on Jan. 1, 2017 and it is a complete overhaul of the previous rule. During the comment period of the meeting, Chairman Debbie Matz said the rule ushers in a new era of business lending […]

NCUAThe NCUA board approved the final MBL rule in its meeting on Thursday. The new rule will go into effect on Jan. 1, 2017 and it is a complete overhaul of the previous rule. During the comment period of the meeting, Chairman Debbie Matz said the rule ushers in a new era of business lending for the NCUA and credit unions.

The NCUA has resources to show the changes in the rule including a summary of the changes, the board memorandum,  and the complete final rule.

 

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