Rulemaking on Amendments to the Member Business Loan Rule

The DCU released Bulletin B-16-06, announcing that they intend to modernize the state MBL rule (Chapter 208-406 WAC) and provide similar authority as authorized for federal chartered credit unions.

Rulemaking will begin in April, with meetings held over the next several months.  The tentative schedule includes meetings through August.

You can attend rulemaking in person or by teleconference.  The DCU will also accept written comments.

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