NCUA Vice Chairman Hauptman Issues Statement on Final Rule, Part 721 on Charitable Donation Accounts
November 17, 2023
November 17, 2023
ALEXANDRIA, Virginia, Nov. 17 -- The National Credit Union Administration issued the following statement on Nov. 16, 2023, by Vice Chairman Kyle S. Hauptman on final rule, part 721 on charitable donation accounts:
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It might seem like a small change, but it has the potential to create a significant impact.
As we all know, credit unions grow mainly through earnings.
The charitable donations account (CDA) program provides an innovative way to . . .
* * *
It might seem like a small change, but it has the potential to create a significant impact.
As we all know, credit unions grow mainly through earnings.
The charitable donations account (CDA) program provides an innovative way to . . .