PURPOSE: This rule is to serve as a reminder of the requirement for all federallyinsured credit unions regarding the areas noted in the title of this rule.
- (1) As a result of being federally insured, all Missouri state-chartered credit unions are required to follow the requirements in Part 748 of the National Credit Union Administration’s Rules and Regulations which cover a credit union’s security program, report of crimes and catastrophic acts and Bank Secrecy Act compliance.
- (2) Part 741 of the National Credit Union Administration’s Rules and Regulations details the federal rules and regulations that also apply to all state-chartered, federallyinsured credit unions. AUTHORITY: section 370.362, RSMo 2000.* Original rule filed April 29, 2008, effective Nov. 30, 2008.
*Original authority: 370.362, RSMo 1991.