United States:
Federal Register: FHFA Issues Final Rule Amending FHLB Membership For Certain State-Chartered Credit Unions
15 June 2017
Cadwalader, Wickersham & Taft LLP
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The Federal Housing Finance Agency
amended its regulations to allow certain state-chartered credit
unions to obtain Federal Home Loan Bank memberships without having
federal share insurance. The amendment was adopted in order to
implement a provision of the
Fixing America's Surface Transportation Act and will become
effective on July 5, 2017.
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