420 with CNW – Federal Agency Says Those with Drug Convictions Can Work at Credit Unions

420 with CNW – Federal Agency Says Those with Drug Convictions Can Work at Credit Unions

The National Credit Union Administration (NCUA) is allowing people previously convicted of drug possession to work at credit unions. In July, the NCUA board announced the proposed changes to their employment regulations, which allows an exception for low-level drug offenders. On Monday, the agency published its ruling in the Federal Register and said that that it examined the comments submitted by the public and that the changes will be enacted into law. The published notice states that although the NCUA board is not overlooking the impact of drug possession and use on public health, the board believes that people previously convicted of simple drug offenses pose less risk to insured credit unions. The notice further states that when drug convictions are handed out on people in disadvantaged communities, they are bound to experience several collateral consequences. NCUA further wrote that people convicted of non-violent drug possession offenses are already suffering from extrajudicial consequences such as employment bans, loss of financial aid, loss of voting rights, they cannot access public housing, and are disqualified from occupational licenses as well as denial of public assistance. It also noted that people of color are the most affected by drug convictions. The published notice…

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