The National Credit Union Administration (NCUA) has a proposed rule that would allow credit unions to continue to serve core-based statistical areas without serving their urban core, which would not adequately guard against redlining. The agency issued the proposal despite an appeals court ruling that this could have a discriminatory effect on low- and moderate-income communities. Comments are due on Dec. 9. WBA will be submitting a comment letter on this proposal. Members are encouraged to use the letter to create their submission. Or, they can use ICBA’s Action Center to send their response as well.

A copy of the comment letter can be found here.