NCUA Adjusts Member Business Lending Rule In one of the first regulatory changes implementing the Economic Growth, Regulatory Relief, and Consumer Protection Act (P. Law 115-174), the NCUA Board
has approved a change to its Member Business Lending rule that removes the member’s occupancy requirement for loans secured by liens on 1-to-4-unit family dwellings. The member business lending rule previously required those dwellings to be the primary residence of a member in order to be excluded from limitations on member business loans. The rule is effective June 5, 2018.