{"data":{"id":"us/12-cfr-702.208","jurisdiction":"us","citation":"12 CFR 702.208","heading":"Incentives for new credit unions.","body":"(a) Assistance in revising business plans. Upon timely request by a credit union having total assets of less than $10 million (regardless how long it has been in operation), the NCUA Board shall provide assistance in preparing a revised business plan required to be filed under § 702.206.\n(b) Assistance. Management training and other assistance to new credit unions will be provided in accordance with policies approved by the NCUA Board.\n(c) Small credit union program. A new credit union is eligible to join and receive comprehensive benefits and assistance under NCUA's Small Credit Union Program.","path":["Title 12—Banks and Banking","CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION","SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS","PART 702—CAPITAL ADEQUACY","Subpart B—Alternative Prompt Corrective Action for New Credit Unions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"fef88533d91b8be2a3ce469445135d4cee7d932e8161443df488d4ba78c260ba","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-702.207","next":"us/12-cfr-702.209"},"notice":"GroundRules: Original legal text. Not legal advice."}