98-2820. Mergers or Conversions of Federally-Insured Credit Unions to Non Credit Union Status: NCUA Approval

[Federal Register Volume 63, Number 24 (Thursday, February 5, 1998)]
[Proposed Rules]
[Page 5898]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-2820]


      
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Proposed Rules
                                                Federal Register
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This section of the FEDERAL REGISTER contains notices to the public of 
the proposed issuance of rules and regulations. The purpose of these 
notices is to give interested persons an opportunity to participate in 
the rule making prior to the adoption of the final rules.

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Federal Register / Vol. 63, No. 24 / Thursday, February 5, 1998 / 
Proposed Rules

[[Page 5898]]


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NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Part 708a


Mergers or Conversions of Federally-Insured Credit Unions to Non 
Credit Union Status: NCUA Approval

AGENCY: National Credit Union Administration (NCUA).

ACTION: Proposed rule; extension of comment period.

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SUMMARY: On December 4, 1997 (62 FR 64185), the National Credit Union 
Administration (NCUA) published for public comment a proposed rule 
regarding disclosure statements for federally-insured credit unions 
proposing to convert to noncredit union status. The comment period for 
this proposed rule was to have expired on February 2, 1998. At the 
request of a trade association and to encourage additional comments, 
the NCUA Board has decided to extend the comment period on the proposed 
rule. The extended comment period now expires February 16, 1998.

DATES: The comment period has been extended and now expires February 
16, 1998. Comments must be received on or before February 16, 1998.

ADDRESSES: Comments should be directed to Becky Baker, Secretary of the 
Board. Mail or hand-deliver comments to: National Credit Union 
Administration Board, 1775 Duke Street, Alexandria, Virginia 22314-
3428. Fax comments to [phone]. E-mail comments to 
[e-mail]. Please send comments by one method only.

FOR FURTHER INFORMATION CONTACT: Mary F. Rupp, Staff Attorney, Division 
of Operations, Office of General Counsel, at the above address or 
telephone: [phone].

    By the National Credit Union Administration Board on January 30, 
1998.
Becky Baker,
Secretary to the Board.
[FR Doc. 98-2820 Filed 2-4-98; 8:45 am]
BILLING CODE 7535-01-U