Comment from GECU Federal Credit Union
GECU Federal Credit UnionSupportBusiness
Summary: GECU Federal Credit Union supports the proposed rule because it provides regulatory clarity by allowing the NCUA to evaluate associations based on their overall structure rather than automatically disqualifying those with product or service requirements. The credit union also requests that the NCUA provide additional guidance and illustrative examples to help clarify the distinction between incidental and commercial relationships.
See attached file(s)