Proposed Rules and Regulations
Reg. B-2012-01: Credit Union Member Business Loans
Purpose: To set guidelines for credit unions to make member business loans. This regulation provides the basis for a system of member business lending that is consistent with safe and sound credit union practices. The objective of this regulation is to ensure that member business loans are made in such a way as to minimize the controllable risks inherent in this type of lending.
Hearing Date: March 8, 2012, 10:00 a.m., 3rd floor large conference room at BISHCA, 89 Main Street, Montpelier
Deadline for Comments: March 16, 2012
Contact Person:
- Sue Clark, (802) 828-4878; sue.clark@state.vt.us
- Edward Haase, (802) 828-5391; Edward.haase@state.vt.us