Scheme: 
Case Type Number: 
8
Statute (Common Name): 
Flood Disaster Protection Act of 1973
Program Area: 
Banking/Financial Services
Regulatory Authorities (CFR): 
12 CFR 747.1(d)
Filed By: 
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: 
Not verified