Material supervisory determinations.

CFR · 2024-01-01 · US · Title 12

(a) (1) A composite examination rating of 3, 4, or 5; (2) A determination relating to the adequacy of loan loss reserve provisions; (3) The classification of loans and other assets that are significant to an insured credit union; (4) A determination regarding an insured credit union's compliance with Federal consumer financial law; (5) A determination on a waiver request or an application for additional authority where independent appeal procedures have not been specified in other NCUA regulations; and (6) A determination by the relevant reviewing authority that an appeal filed under this subchapter does not raise a material supervisory determination. (b) (1) A composite examination rating of 1 or 2; (2) A component examination rating unless the component rating has a significant adverse effect on the nature or level of supervisory oversight of an insured credit union; (3) The scope and timing of supervisory contacts; (4) A decision to appoint a conservator or liquidating agent for an insured credit union; (5) A decision to take prompt corrective action pursuant to section 216 of the Federal Credit Union Act (12 U.S.C. 1790d) and part 702 of this chapter; (6) Enforcement-related actions and decisions, including determinations and the underlying facts and circumstances that form the basis of a pending enforcement action; (7) Preliminary examination conclusions communicated to an insured (8) Formal and informal rulemakings pursuant to the Administrative Procedure Act (5 U.S.C.

official document · source cfr-2024 · id 12:§ 746.103