Compliance Checklist for NCUA Fidelity Bond Rule Amendments Under Part 713
The NCUA finalized a rule amending fidelity bonds under Part 713 for natural-person credit unions.
The changes to the rule include:
- Board of directors’ oversight of fidelity bond coverage
- Time given to discover and file fidelity bond claims following liquidation
- NCUA board approval of bond forms
Complete the form to download "Compliance Checklist for NCUA Fidelity Bond Rule Amendments Under Part 713" and learn steps your credit union should take to address these rule changes that took effect on October 22, 2019.
Want to learn best practices for applying these rule changes? Watch the webinar NCUA Fidelity Bond Policy for BODs: Reading Between the Lines.
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