96-20492. Corporate Credit Unions: Requirements for Insurance

[Federal Register Volume 61, Number 156 (Monday, August 12, 1996)]
[Proposed Rules]
[Page 41750]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-20492]


-----------------------------------------------------------------------


NATIONAL CREDIT UNION ADMINISTRATION
12 CFR Part 704


Corporate Credit Unions: Requirements for Insurance

AGENCY: National Credit Union Administration (NCUA).

ACTION: Proposed rule; Extension of comment period.

-----------------------------------------------------------------------

SUMMARY: On June 4, 1996, (61 FR 28085), the National Credit Union 
Administration (NCUA) published for public comment a proposed rule 
revising its regulations governing corporate credit unions and 
requirements for insurance. The comment period for this proposed rule 
was to have expired on September 3, 1996. On July 23, 1996, the NCUA 
published for public comment a related proposed rule which would add a 
new section governing wholesale corporate credit unions (61 FR 38117). 
In order to provide the public with sufficient time to analyze the June 
4, 1996 proposed rule and the July 23, 1996 proposed rule, the NCUA has 
decided to extend the comment periods of both rules until October 18, 
1996.

DATES: The comment period has been extended and now expires October 18, 
1996. Comments must be received on or before October 18, 1996.

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]. Post comments on NCUA's 
electronic bulletin board by dialing [phone]. Please send 
comments by one method only.

FOR FURTHER INFORMATION CONTACT:
Robert F. Schafer, Acting Director, Office of Corporate Credit Unions, 
[phone], or at the above address.

    By the National Credit Union Administration Board on August 6, 
1996.
Becky Baker,
Secretary of the Board.
[FR Doc. 96-20492 Filed 8-9-96; 8:45 am]
BILLING CODE 7535-01-M