The federal credit union policy and practice croteau john on amazoncom free shipping on qualifying offers the federal credit union policy and practice. Buy the federal credit union policy and practice by john tougas croteau isbn from amazons book store everyday low prices and free delivery on eligible orders. June 26 anniversary of the federal credit union act the federal credit union act opens new window was enacted during the depths of the great depression in 1934 the law enabled credit unions to be organized throughout the united states under charters approved by the federal government. The insurance policy must list the credit union as the loss payee the dealers purchase order must accompany the loan application 4 the credit union will use the nada blue book loan value or purchase invoice not including tax tags and title to determine the loan amount 5. The national credit union administration ncua along with four other federal regulatory agencies recently released guidance about the repeal of certain credit practices rules applicable to federal credit unions banks and savings associations 1 the enclosed guidance clarifies that despite the repeal the agencies still have supervisory and enforcement authority regarding unfair or
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