82_FR_61392 82 FR 61145 - Agency Reorganization; Correction

82 FR 61145 - Agency Reorganization; Correction

NATIONAL CREDIT UNION ADMINISTRATION

Federal Register Volume 82, Issue 247 (December 27, 2017)

Page Range61145-61145
FR Document2017-27962

The NCUA is correcting a final rule that appeared in the Federal Register on December 20, 2017. The document implemented certain features of the NCUA reorganization that the NCUA Board announced earlier this year. This correction amends one reference within the document.

Federal Register, Volume 82 Issue 247 (Wednesday, December 27, 2017)
[Federal Register Volume 82, Number 247 (Wednesday, December 27, 2017)]
[Rules and Regulations]
[Page 61145]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-27962]


=======================================================================
-----------------------------------------------------------------------

NATIONAL CREDIT UNION ADMINISTRATION

12 CFR Part 790

RIN 3133-AE81


Agency Reorganization; Correction

AGENCY: National Credit Union Administration (NCUA).

ACTION: Final rule; correction.

-----------------------------------------------------------------------

SUMMARY: The NCUA is correcting a final rule that appeared in the 
Federal Register on December 20, 2017. The document implemented certain 
features of the NCUA reorganization that the NCUA Board announced 
earlier this year. This correction amends one reference within the 
document.

DATES: This correction is effective January 6, 2018.

FOR FURTHER INFORMATION CONTACT: Elizabeth Wirick, Senior Staff 
Attorney, Office of General Counsel, 1775 Duke Street, Alexandria, VA 
22314 or telephone (703) 518-6540.

SUPPLEMENTARY INFORMATION: In FR Doc. 2017-27411, appearing on page 
60290 in the Federal Register of Wednesday, December 20, 2017, the 
following corrections are made:


Sec.  790.2  [Corrected]

0
On page 60292, in the second column, in part 790, in amendment 10, the 
instruction ``In Sec.  790.2, revise the second sentence of paragraph 
(b)(6), paragraph (b)(12), the third sentence of paragraph (b)(13), and 
paragraph (b)(15) to read as follows:'' is corrected to read ``In Sec.  
790.2, revise the second sentence of paragraph (b)(6), paragraph 
(b)(12), the fourth sentence of paragraph (b)(13), and paragraph 
(b)(15) to read as follows:''

    By the National Credit Union Administration Board on December 
21, 2017.
 Gerard Poliquin,
Secretary of the Board
[FR Doc. 2017-27962 Filed 12-26-17; 8:45 am]
 BILLING CODE 7535-01-P



                                                          Federal Register / Vol. 82, No. 247 / Wednesday, December 27, 2017 / Rules and Regulations                                              61145

                                             § 195.12   Definitions.                                   Authority: 12 U.S.C. 1814–1817, 1819–               SUPPLEMENTARY INFORMATION:   In FR Doc.
                                             *     *     *     *     *                               1820, 1828, 1831u and 2901–2908, 3103–                2017–27411, appearing on page 60290
                                               (u) Small savings association—(1)                     3104, and 3108(a).                                    in the Federal Register of Wednesday,
                                             Definition. Small savings association                   ■ 8. Section 345.12 is amended by                     December 20, 2017, the following
                                             means a savings association that, as of                 redesignating paragraph (j)(5) as                     corrections are made:
                                             December 31 of either of the prior two                  paragraph (j)(4) and revising paragraph
                                             calendar years, had assets of less than                 (u)(1) to read as follows:                            § 790.2    [Corrected]
                                             $1.252 billion. Intermediate small                                                                            ■  On page 60292, in the second column,
                                                                                                     § 345.12    Definitions.
                                             savings association means a small                                                                             in part 790, in amendment 10, the
                                             savings association with assets of at                   *      *    *     *     *                             instruction ‘‘In § 790.2, revise the
                                             least $313 million as of December 31 of                    (u) Small bank—(1) Definition. Small               second sentence of paragraph (b)(6),
                                             both of the prior two calendar years and                bank means a bank that, as of December                paragraph (b)(12), the third sentence of
                                             less than $1.252 billion as of December                 31 of either of the prior two calendar                paragraph (b)(13), and paragraph (b)(15)
                                             31 of either of the prior two calendar                  years, had assets of less than $1.252                 to read as follows:’’ is corrected to read
                                             years.                                                  billion. Intermediate small bank means                ‘‘In § 790.2, revise the second sentence
                                                                                                     a small bank with assets of at least $313             of paragraph (b)(6), paragraph (b)(12),
                                             *     *     *     *     *
                                                                                                     million as of December 31 of both of the              the fourth sentence of paragraph (b)(13),
                                             FEDERAL RESERVE SYSTEM                                  prior two calendar years and less than                and paragraph (b)(15) to read as
                                             12 CFR Chapter II                                       $1.252 billion as of December 31 of                   follows:’’
                                                                                                     either of the prior two calendar years.
                                               For the reasons set forth in the                                                                              By the National Credit Union
                                             SUPPLEMENTARY INFORMATION       section, the            *      *    *     *     *                             Administration Board on December 21, 2017.
                                             Board of Governors of the Federal                         Dated: December 19, 2017.                           Gerard Poliquin,
                                             Reserve System amends part 228 of                       Karen Solomon,                                        Secretary of the Board
                                             chapter II of title 12 of the Code of                   Acting Senior Deputy Comptroller and Chief            [FR Doc. 2017–27962 Filed 12–26–17; 8:45 am]
                                             Federal Regulations as follows:                         Counsel.
                                                                                                                                                           BILLING CODE 7535–01–P
                                                                                                       By order of the Board of Governors of the
                                             PART 228—COMMUNITY                                      Federal Reserve System, acting through the
                                             REINVESTMENT (REGULATION BB)                            Secretary of the Board under delegated
                                                                                                     authority.                                            BUREAU OF CONSUMER FINANCIAL
                                             ■  5. The authority citation for part 228               Ann E. Misback,                                       PROTECTION
                                             is revised to read as follows:                          Secretary of the Board.
                                                                                                                                                           12 CFR Part 1003
                                               Authority: 12 U.S.C. 321, 325, 1828(c),                 By order of the Board of Directors.
                                             1842, 1843, 1844, and 2901 et seq.
                                                                                                       Dated at Washington, DC, this 14th day of           Home Mortgage Disclosure
                                             ■ 6. Section 228.12 is amended by                       December 2017.                                        (Regulation C) Adjustment to Asset-
                                             revising paragraph (u)(1) to read as                    Federal Deposit Insurance Corporation.                Size Exemption Threshold
                                             follows:                                                Robert E. Feldman,
                                                                                                                                                           AGENCY:  Bureau of Consumer Financial
                                             § 228.12   Definitions.                                 Executive Secretary.
                                                                                                                                                           Protection.
                                                                                                     [FR Doc. 2017–27813 Filed 12–26–17; 8:45 am]
                                             *      *    *     *     *                                                                                     ACTION: Final rule; official commentary.
                                                (u) Small bank—(1) Definition. Small                 BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P

                                             bank means a bank that, as of December                                                                        SUMMARY:   The Bureau of Consumer
                                             31 of either of the prior two calendar                                                                        Financial Protection (Bureau) is issuing
                                             years, had assets of less than $1.252                   NATIONAL CREDIT UNION                                 a final rule amending the official
                                             billion. Intermediate small bank means                  ADMINISTRATION                                        commentary that interprets the
                                             a small bank with assets of at least $313                                                                     requirements of the Bureau’s Regulation
                                             million as of December 31 of both of the                12 CFR Part 790                                       C (Home Mortgage Disclosure) to reflect
                                             prior two calendar years and less than                  RIN 3133–AE81                                         the asset-size exemption threshold for
                                             $1.252 billion as of December 31 of                                                                           banks, savings associations, and credit
                                             either of the prior two calendar years.                 Agency Reorganization; Correction                     unions based on the annual percentage
                                             *      *    *     *     *                               AGENCY:  National Credit Union                        change in the average of the Consumer
                                                                                                     Administration (NCUA).                                Price Index for Urban Wage Earners and
                                             FEDERAL DEPOSIT INSURANCE                                                                                     Clerical Workers (CPI–W). Based on the
                                             CORPORATION                                             ACTION: Final rule; correction.
                                                                                                                                                           2.1 percent increase in the average of
                                             12 CFR Chapter III                                      SUMMARY:    The NCUA is correcting a                  the CPI–W for the 12-month period
                                                                                                     final rule that appeared in the Federal               ending in November 2017, the
                                             Authority and Issuance                                                                                        exemption threshold is adjusted to
                                                                                                     Register on December 20, 2017. The
                                               For the reasons set forth in the                      document implemented certain features                 increase to $45 million from $44
                                             SUPPLEMENTARY INFORMATION section, the                  of the NCUA reorganization that the                   million. Therefore, banks, savings
                                             Board of Directors of the Federal                       NCUA Board announced earlier this                     associations, and credit unions with
                                             Deposit Insurance Corporation amends                    year. This correction amends one                      assets of $45 million or less as of
                                             part 345 of chapter III of title 12 of the              reference within the document.                        December 31, 2017, are exempt from
                                             Code of Federal Regulations to read as                  DATES: This correction is effective                   collecting data in 2018.
daltland on DSKBBV9HB2PROD with RULES




                                             follows:                                                January 6, 2018.                                      DATES: This final rule is effective
                                                                                                     FOR FURTHER INFORMATION CONTACT:                      January 1, 2018.
                                             PART 345—COMMUNITY
                                             REINVESTMENT                                            Elizabeth Wirick, Senior Staff Attorney,              FOR FURTHER INFORMATION CONTACT:
                                                                                                     Office of General Counsel, 1775 Duke                  Monique Chenault, Paralegal Specialist,
                                             ■ 7. The authority citation for part 345                Street, Alexandria, VA 22314 or                       Office of Regulations, Consumer
                                             continues to read as follows:                           telephone (703) 518–6540.                             Financial Protection Bureau, 1700 G


                                        VerDate Sep<11>2014   18:49 Dec 26, 2017   Jkt 244001   PO 00000   Frm 00017   Fmt 4700   Sfmt 4700   E:\FR\FM\27DER1.SGM    27DER1



Document Created: 2017-12-27 02:23:45
Document Modified: 2017-12-27 02:23:45
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionRules and Regulations
ActionFinal rule; correction.
DatesThis correction is effective January 6, 2018.
ContactElizabeth Wirick, Senior Staff Attorney, Office of General Counsel, 1775 Duke Street, Alexandria, VA 22314 or telephone (703) 518-6540.
FR Citation82 FR 61145 
RIN Number3133-AE81

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR