Case Type Number:
Statute (Common Name):
Flood Disaster Protection Act of 1973
Brief Description of Case Type:
The NCUA may bring remedial action against a credit union as is necessary to ensure that the regulated lending institution complies with the requirements of the national flood insurance program (e.g., it does not engage in a pattern or practice of non-compliance in violation of agency regulations and the credit union has persisted in not improving despite the assessment of civil penalties).
Relief Available in Actions Filed by Agency:
Finding of Violation/Non-Compliance
Verified by Agency: