§702.208. Incentives for new credit unions.
12 C.F.R. § 702.208
Assistance in revising business plans. Upon timely request by a credit union having total assets of less than $10 million (regardless how long it has been in operation), the NCUA Board shall provide assistance in preparing a revised business plan required to be filed under § 702.206.
Assistance. Management training and other assistance to new credit unions will be provided in accordance with policies approved by the NCUA Board.
Small credit union program. A new credit union is eligible to join and receive comprehensive benefits and assistance under NCUA's Small Credit Union Program.
Notes, amendments, and revision history
Amendments
[80 FR 66706, Oct. 29, 2015. Redesignated at 86 FR 11073, Feb. 23, 2021]
Source
Source: 80 FR 66706, Oct. 29, 2015, unless otherwise noted.
Authority
Authority: 12 U.S.C. 1757(9), 1766(a), 1784(a), 1786(e), 1790d.
Source
Source: 65 FR 8584, Feb. 18, 2000, unless otherwise noted.
Amendments
[80 FR 66706, Oct. 29, 2015. Redesignated at 86 FR 11073, Feb. 23, 2021]