I have often heard of people celebrating Christmas in July but never had the opportunity to really experience it until now. For those of you who have been wondering how you will comply with the recent NCUA final Participation Rule effective July 25, 2013…… Merry Christmas!! NCUA has decided to push the effective date to September 23, 2013. In addition, they promise additional guidance on the subject before the effective date. So go out and enjoy our Independence Day and don’t forget to throw in a little Christmas cheer because NCUA just gave us a reason to celebrate Christmas in July!!!