Skip to content
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » Store » Inside The GSEs » FHFA Rule Lets Non-Federally Insured CUs into FHLB System

FHFA Rule Lets Non-Federally Insured CUs into FHLB System

$55.00
Inside The GSEs

Product Details

The Federal Housing Finance Agency adopted a final rule this week that lets non-federally insured credit unions become Federal Home Loan Bank members as of July 5, 2017. Until recently, state-chartered credit unions that weren’t federally insured by the National Credit Union Administration were ineligible for membership in the FHLBank system, unless they qualified as community development financial institutions. But in December 2015, Congress enacted the Fixing America’s Surface Transportation (FAST) Act, which included amending the FHLBank Act to permit non-federally insured credit unions (NFICUs) to become FHLBank members as long as certain requirements are met. NCUA provides the same insurance coverage on deposits as the Federal Deposit Insurance Corp. that insures bank deposits.
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2026 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing