StacksVerified U.S. regulatory reference

12 CFR §702.208

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Assistance in revising business plans. Upon timely request by a credit union having total assets of less than $10 million (regardless how long it has been in operation), the NCUA Board shall provide assistance in preparing a revised business plan required to be filed under § 702.206.
  2. (b)Assistance. Management training and other assistance to new credit unions will be provided in accordance with policies approved by the NCUA Board.
  3. (c)Small credit union program. A new credit union is eligible to join and receive comprehensive benefits and assistance under NCUA's Small Credit Union Program.