StacksVerified U.S. regulatory reference

12 CFR §705.4

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
NCUA may make loans from the Fund to Participating Credit Unions for various uses. The following is a non-exhaustive list of permissible uses or projects:
  1. (a)Development of new products or services for members, including new or expanded share draft or credit card programs;
  2. (b)Partnership arrangements with community-based service organizations or government agencies;
  3. (c)Loan programs, including, but not limited to, microbusiness loans, payday loan alternatives, education loans, and real estate loans;
  4. (d)Acquisition, expansion, or improvement of office space or equipment, including branch facilities, ATMs, and electronic banking facilities; and
  5. (e)Operational programs such as security or disaster recovery.