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Federal Home Loan Bank Membership for Non-Federally-Insured Credit Unions

Open Date:
Open for comment 9/28/2016
Deadline:
All comments are due by 11/28/2016
Type:
Notice of Proposed Rulemaking
Number:
RIN-2590-AA85
Group:
 
FHLBanks; Office of Finance
Document Number:
2016-23289
CFR:
12 CFR 1263
CFR Description:
Members of the Banks
Federal Register Publish Date:
View Document:
 
Contact Information:

​FOR FURTHER INFORMATION CONTACT: Eric M. Raudenbush, Associate General Counsel, Office of General Counsel, Eric.Raudenbush@fhfa.gov, (202) 649-3084; or Julie Paller, Senior Financial Analyst, Division of Bank Regulation, Julie.Paller@fhfa.gov, (202) 649-3201 (not toll-free numbers), Federal Housing Finance Agency, 400 Seventh Street SW., Washington, DC 20219.  

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SUMMARY: The Federal Housing Finance Agency (FHFA or Agency) is proposing to amend its regulations governing Federal Home Loan Bank (Bank) membership to implement section 82001 of the Fixing America's Surface Transportation Act, which amended section 4(a) of the Federal Home Loan Bank Act (Bank Act) to authorize certain credit unions without Federal share insurance to become Bank members. This proposed rule also would make appropriate conforming changes to FHFA's membership regulations.

DATES: Written comments must be received on or before November 28, 2016.

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