RICHMOND, Va. – Delegate Preston Bryant (R-23) introduced a bill that would give state-chartered credit unions the same requirements for reserve transfers as federal credit unions. The State Corporation Commission already approved a regulation that gives state-chartered credit unions parity with FCUs with regard to reserve transfer requirements. Bryant's measure would serve as added security for state-chartered credit unions.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
