National Credit Union Administration:
Organization and Operations of Federal Credit Unions
OGC-99-30: Published: Jan 14, 1999. Publicly Released: Jan 14, 1999.
Pursuant to a legislative requirement, GAO reviewed the National Credit Union Administration's (NCUA) new rule on the organization and operations of federal credit unions. GAO noted that: (1) the rule would implement changes made to the NCUA's chartering and field of membership authority by the Credit Union Membership Access Act; and (2) NCUA complied with applicable requirements in promulgating the rule.