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Data / Federal rules / 2024-00316

Civil Monetary Penalty Inflation Adjustment

The National Credit Union Administration published this final rule in the Federal Register on January 10, 2024. It took effect on January 10, 2024.

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What the agency says

The NCUA Board (Board) is amending its regulations to adjust the maximum amount of each civil monetary penalty (CMP) within its jurisdiction to account for inflation. This action, including the amount of the adjustments, is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

Key facts

Document number
2024-00316
Type
Final rule
Action
Final rule
Agency
National Credit Union Administration
Published
January 10, 2024
Takes effect
January 10, 2024
Dates
This final rule is effective January 10, 2024.
Regulation ID (RIN)
3133-AF58
Code of Federal Regulations
12 CFR 747
Topics
Credit unions
Pages
4

The document on federalregister.gov PDF

Other documents from the National Credit Union Administration

Everything from the National Credit Union Administration · Rules on credit unions · Published in January 2024

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.