Compensation in Connection with Loans and Lines of Credit to Members

Compensation in Connection with Loans and Lines of Credit to Members

NCUA has issued an advance notice of proposed rulemaking (ANPR) to solicit comments on ways to improve the agency's regulations limiting a credit union official's and employee's compensation in connection with loans to members and lines of credit to members. These regulations have generated confusion and are likely outdated, burdensome, and at odds with industry standards. NCUA is particularly interested in thoughts on how it can provide flexibility with respect to senior executive compensation plans that incorporate lending as part of a broad and balanced set of organizational goals and performance measures.