Loans to Members and Lines of Credit to Members, 12 CFR 701.21 and Apx. B to 741

OMB 3133-0092

OMB 3133-0092

Section 107(5) of the Federal Credit Union Act authorizes Federal Credit Unions (FCU) to make loans to members and issue lines of credit (including credit cards) to members. Section 701.21 governs the requirements related to loans to members and lines of credit to members for FCUs. Additionally, Part 741 established requirements for all federally insured credit unions (both Federal and state charters) related to loans to members and lines of credit union members. NCUA reviews the information collections to ensure compliance with applicable regulations and laws, and to assess the safety and soundness of the credit union’s lending program.

The latest form for Loans to Members and Lines of Credit to Members, 12 CFR 701.21 and Apx. B to 741 expires 2023-06-30 and can be found here.

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Loans to Members & Lines of Credit to Members

Federal Enterprise Architecture: Economic Development - Financial Sector Oversight

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