Federal Register #2026-09009

NCUA Proposed Rule to Increase Major Assets Prohibition Thresholds under DIMIA

This opportunity involves a proposed regulatory change by the National Credit Union Administration (NCUA) affecting credit unions and depository institutions: - Government Buyer: - National Credit Union Administration (NCUA) - OEMs and Vendors: - NCUA is the only agency and entity mentioned; no commercial OEMs or vendors are involved - Products/Services Requested: - No products or services are being procured; this is a regulatory proposal - Notable Requirements: - Proposal to increase both major assets prohibition thresholds under the Depository Institution Management Interlocks Act (DIMIA) from $1.5 billion and $2.5 billion to $10 billion - Removal of a presumption related to depository institutions controlled or managed by persons who are members of a minority group or women - Aims to reduce regulatory burden and ensure compliance with Equal Protection requirements - No contract value, product line items, or service line items are associated with this notice - Place of performance and contracting office: National Credit Union Administration, Alexandria, VA

Description

The National Credit Union Administration (NCUA) Board is proposing a rule to increase two asset thresholds in its regulation implementing management official interlocks under the Depository Institution Management Interlocks Act (DIMIA). The proposal would raise both major assets prohibition thresholds to $10 billion to reflect changes in the U.S. banking market since 1996. Additionally, it seeks to remove a presumption related to depository institutions controlled or managed by persons who are members of a minority group or women. The rule aims to reduce regulatory burden by exempting more institutions from the major assets prohibition and to ensure compliance with Equal Protection requirements.

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