Permissible uses of loan funds.

NCUA may make loans from the Fund to Participating Credit Unions for various uses. The following is a non-exhaustive list of permissible uses or projects: (a) Development of new products or services for members, including new or expanded share draft or credit card programs; (b) Partnership arrangements with community-based service organizations or government agencies; (c) Loan programs, including, but not limited to, microbusiness loans, payday loan alternatives, education loans, and real estate loans; (d) Acquisition, expansion, or improvement of office space or equipment, including branch facilities, ATMs, and electronic banking facilities; and (e) Operational programs such as security or disaster recovery.