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NCUA'S FAIR HIRING IN BANKING RULE AUDIO BOOK STYLE
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תוכן מסופק על ידי Credit Union Exam Solutions by Mark Treichel and Credit Union Exam Solutions Inc.. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Credit Union Exam Solutions by Mark Treichel and Credit Union Exam Solutions Inc. או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
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Title: NCUA's New Fair Hiring in Banking Rule
Key Points:
- The NCUA Board has issued a final rule to incorporate IRPS 19-1 and the Fair Hiring in Banking Act (FHBA) into its regulations.
- The rule expands career opportunities for individuals to work and volunteer at insured credit unions who have certain criminal records.
- Key changes include:
- Expanding definition of "de minimis" offenses that don't require NCUA consent
- Excluding certain older offenses from prohibition (e.g. 7+ years old)
- Clarifying procedures for consent applications
- Aligning NCUA rules more closely with FDIC's Section 19 regulations
- The rule codifies existing NCUA policy (IRPS 19-1) into formal regulations.
- It implements changes required by the FHBA passed by Congress in December 2022.
- Credit unions must still conduct background checks, but have more flexibility in hiring those with minor or older criminal records.
- The NCUA will primarily rely on FBI criminal history records when evaluating applications.
- The rule takes effect 30 days after publication in the Federal Register.
- Credit unions should review the new regulations and update their hiring policies and procedures accordingly.
For more information, visit www.ncua.gov or contact your regional NCUA office.
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