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Title

  • Temporary Changes to Earning-Retention Requirements

Description

  • On June 5, 2020, the National Credit Union Administration (NCUA) issued a temporary order decreasing the earning-retention requirements for federally chartered credit unions. Pursuant to 205 ILCS 305/65, the Department is making a temporary change to its reserve requirements consistent with the NCUA section.

Originally Deposited as: 197563

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Language(s): EN-English

Volume or Year: 2020
Number or Issue: September 24

Date Created: 09-24-2020
Date Last Modified: 09-24-2020

Librarian Remarks:

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1. The Department is making a temporary change to its reserve requirements consistent with a temporary order from the NCUA. (TemporaryChangetoEarningsRetention.pdf).
Document Size: Software: Xerox AltaLink Version: C8030

This is part of a series. It is part of Press releases from the Governor's agencies: 86014