Federal Register - March 23, 2021
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Source: Federal Register
Federal Register / Vol. 86, No. 54 / Tuesday, March 23, 2021 / Rules and Regulations 700.2
Definitions.
Regional Director means the representative of NCUA in the designated geographical area in which the office of the federally insured credit union is located or, for covered credit unions under part 702 of this chapter, the Director of the Office of National Examinations and Supervision.
Regional Office means the office of NCUA located in the designated geographical areas in which the office of the federally insured credit union is located or, for covered credit unions under part 702 of this chapter, the Office of National Examinations and Supervision.
PART 702CAPITAL ADEQUACY
Authority: 12 U.S.C. 1766a, 1790d.
4. Effective January 1, 2022, in 702.1c, revise the third sentence to read as follows:
702.1 Authority, purpose, scope, and other supervisory authority.
c Subpart C applies capital planning and stress testing to credit unions defined as covered credit unions under 702.302.
5. Effective March 23, 2021, revise 702.2a to read as follows:
Definitions.
a Appropriate Regional Director means the director of the NCUA
Regional Office having jurisdiction over federally insured credit unions in the state where the affected credit union is principally located or, for covered credit unions under this part, the Director of the Office of National Examinations and Supervision.
6. Effective March 23, 2021, in 702.502, revise the definition of Covered credit union to read as follows:
Definitions.
Covered credit union means a federally insured credit union whose assets are $10 billion or more.
1 Timing. A credit union that crosses the asset threshold as of March 31 of a given calendar year is subject to the applicable requirements of this subpart in the following calendar year.
2 Regulatory relief for 2021 and 2022. If a federally insured credit union
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7. The authority citation for part 708a continues to read as follows:
Authority: 12 U.S.C. 1766, 1785b, and 1785c.
8. Effective March 23, 2021, in 708a.101, revise the second sentence of the definition of Regional Director to read as follows:
Definitions.
702.502
PART 708aBANK CONVERSIONS
AND MERGERS
708a.101
3. The authority citation for part 702
continues to read as follows:
702.2
reaches or crosses an asset size threshold under this subpart on March 31, 2021, the NCUA will use the assets the federally insured credit union reported on March 31, 2020 for the purpose of determining the applicability of those thresholds.
Regional Director For corporate credit unions and natural person credit unions defined as covered credit unions under part 702 of this chapter, Regional Director means the director of NCUAs Office of National Examinations and Supervision.
9. Effective March 23, 2021, in 708a.301, revise the second sentence of the definition of Regional Director to read as follows:
708a.301
Definitions.
15401
Director means the director of NCUAs Office of National Examinations and Supervision.
PART 790DESCRIPTION OF NCUA;
REQUESTS FOR AGENCY ACTION
12. The authority citation for part 790
continues to read as follows:
Authority: 12 U.S.C. 1766, 1789, 1795f.
13. Effective March 23, 2021, in 790.2c2, revise the first sentence to read as follows:
790.2 Central and field office organization.
c 2 Similar to a Regional Director, the Director of the Office of National Examinations and Supervision manages NCUAs supervisory program over credit unions; however, it oversees the activities for corporate credit unions and of natural person credit unions defined as covered credit unions under part 702 of this chapter, in accordance with established policies.
FR Doc. 202105967 Filed 31921; 4:15 pm BILLING CODE 753501P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
Regional Director For corporate credit unions and natural person credit unions defined as covered credit unions under part 702 of this chapter, Regional Director means the director of NCUAs Office of National Examinations and Supervision.
PART 708bMERGERS OF INSURED
CREDIT UNIONS INTO OTHER CREDIT
UNIONS; VOLUNTARY TERMINATION
OR CONVERSION OF INSURED
STATUS
10. The authority citation for part 708b continues to read as follows:
Authority: 12 U.S.C. 17527, 1766, 1785, 1786, 1789.
11. Effective March 23, 2021, in 708b.2, revise the second sentence of the definition of Regional Director to read as follows:
708b.2
Definitions.
Regional Director For corporate credit unions and natural person credit unions defined as covered credit unions under part 702 of this chapter, Regional
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14 CFR Part 71
Docket No. FAA20201096; Airspace Docket No. 20ANM41
RIN 2120AA66
Amendment of Class E Airspace;
Buena Vista, CO
Federal Aviation Administration FAA, DOT.
ACTION: Final rule.
AGENCY:
This action modifies the Class E airspace extending upward from 700
feet above the surface at Central Colorado Regional Airport, Buena Vista, CO. This action modifies the airspace to properly contain instrument flight rules IFR aircraft departing and arriving at the airport. Additionally, this action removes the Class E airspace extending upward from 1,200 feet above the surface. This airspace is wholly contained within the Denver en route airspace area and duplication is not necessary. Lastly, this action implements an administrative update to the airports name.
DATES: Effective 0901 UTC, June 17, 2021. The Director of the Federal SUMMARY:
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23MRR1