NCUA Board Meeting. During its April meeting, the National Credit Union Administration (NCUA) Board approved three items. It unanimously approved an interim final rule temporarily increasing the maximum amount of loan participations that a federally insured credit union can purchase from a single originator without obtaining a waiver from its NCUA regional director and temporarily suspending limits on the eligible obligations a federal credit union can purchase and hold. The rule also provided temporary relief from some of the fixed assets requirements in NCUA’s rules and regulations.
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