Compliance Checklist for NCUA Fidelity Bond Rule Amendments Under Part 713
The NCUA recently 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 prepare for these rule changes taking effect on October 22, 2019.
Read our blog "How to Be Ready for the October 22 NCUA Fidelity Bond Rule Changes" to learn more details about these compliance updates.
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