Credit Union Regulation
/ˈkrɛdɪt ˈjuːnjən ˌrɛɡjʊˈleɪʃən/
Definitions
- (n.) The body of laws, rules, and supervisory frameworks governing the formation, operation, and oversight of credit unions.
Credit union regulation ensures member funds are safeguarded and financial practices are sound.
- (n.) Specific regulatory requirements that credit unions must comply with, including capital adequacy, lending limits, and member eligibility.
Strict credit union regulation limits risky loans to protect the cooperative's financial health.
Forms
- credit union regulation
Related terms
See also
Commentary
Credit union regulation often balances member-driven cooperative principles with prudential safeguards typical of financial supervision.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.