Comment Period Open on Fair Hiring in Banking Proposed Rule

The NCUA invites public comment on a Fair Hiring in Banking proposed rule. For more information or to submit a comment, please visit Regulations.gov. Comments must be received by January 8, 2024.

The NCUA Board, at its Oct. 19 meeting, unanimously approved the proposed rule that would incorporate the NCUA’s Second Chance Interpretive Ruling and Policy Statement (IRPS 19-1) and statutory prohibitions imposed by Section 205(d) of the Federal Credit Union Act into the agency’s regulations. This proposed rule would allow people convicted of certain minor offenses to work in the credit union industry without applying for the Board’s approval.

Your League is reviewing the proposal.

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