{"abstract":"The NCUA Board (Board) is finalizing a rule that amends its regulations regarding fidelity bonds for corporate credit unions and natural person credit unions. The rule strengthens a board of directors' oversight of a federally insured credit union's (FICU) fidelity bond coverage; ensures an adequate period to discover and file fidelity bond claims following a FICU's liquidation; codifies a 2017 NCUA Office of General Counsel legal opinion that permits a natural person credit union's fidelity bond to include coverage for certain credit union service organizations (CUSOs); and addresses Board approval of bond forms.","action":"Final rule.","agencies":[{"raw_name":"NATIONAL CREDIT UNION ADMINISTRATION","name":"National Credit Union Administration","id":335,"url":"https://www.federalregister.gov/agencies/national-credit-union-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/335","parent_id":null,"slug":"national-credit-union-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2019/07/24/2019-15709.html","cfr_references":[{"chapter":null,"citation_url":null,"part":704,"title":12},{"chapter":null,"citation_url":null,"part":713,"title":12}],"citation":"84 FR 35517","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"The final rule is effective October 22, 2019.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"2019-15709","effective_on":"2019-10-22","end_page":35525,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2019/07/24/2019-15709.xml","html_url":"https://www.federalregister.gov/documents/2019/07/24/2019-15709/fidelity-bonds","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2019-15709?publication_date=2019-07-24","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2019-07-24/2019-15709/mods.xml","not_received_for_publication":null,"page_length":9,"page_views":{"count":1654,"last_updated":"2026-10-23 22:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2019-07-24/pdf/2019-15709.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2019-15709.pdf?1563885919","publication_date":"2019-07-24","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2019/07/24/2019-15709.txt","regulation_id_number_info":{"3133-AE87":{"issue":"201910","html_url":"https://www.federalregister.gov/regulations/3133-AE87/fidelity-bond-and-insurance-coverage-for-federal-credit-unions","title":"Fidelity Bond and Insurance Coverage for Federal Credit Unions","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201910&RIN=3133-AE87&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3133-AE87"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/3133-AE87/fidelity-bond-and-insurance-coverage-for-federal-credit-unions","title":"Fidelity Bond and Insurance Coverage for Federal Credit Unions"},"comments_count":0,"agency_id":"NCUA","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=NCUA-2022-0030","supporting_documents_count":0,"docket_id":"NCUA-2022-0030","document_id":"NCUA-2022-0030-0028","regulation_id_number":"3133-AE87","title":"Fidelity Bonds","checked_regulationsdotgov_at":"2022-02-16T04:30:04Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":35517,"subtype":null,"title":"Fidelity Bonds","toc_doc":"Fidelity Bonds","toc_subject":null,"topics":["Bonds","Credit unions","Insurance"],"type":"Rule","volume":84}