# Federal Register #2026-21087

NCUA Proposed Changes to Credit Union Fidelity Bond and Insurance Rules

**Buyer:** National Credit Union Administration
**Posted:** October 15, 2026
**Respond By:** December 14, 2026
**Identifier:** 2026-21087

The National Credit Union Administration Board is seeking comments on proposed changes to fidelity bond and insurance rules for federally insured credit unions.
- **Government buyer:** National Credit Union Administration (NCUA), Board.
- **Opportunity type:** Proposed regulatory changes; this is not a procurement or contract award.
- **Proposed changes:** Allow eligible board, supervisory committee, or audit committee members to review and approve bond applications, and allow a qualified non-employee to sign the bond agreement.
- **Coverage and bond-form changes:** Remove the restriction on consecutive signatories, eliminate the automatic expiration of NCUA-approved bond forms, and simplify certain minimum coverage provisions, including removing advisory guidance and a formula tied to cash on hand or money in transit.
- **Additional consideration:** The proposal includes technical corrections and asks whether to remove a corporate credit union requirement concerning coverage above minimum amounts.
- **OEMs and vendors:** None identified.
- **Products and services:** None requested.

### Description

The National Credit Union Administration (NCUA) proposes amendments to regulations governing fidelity bond and insurance coverage for federally insured credit unions, including corporate credit unions. The proposal would remove certain procedural requirements, allow specified board and committee members to review, approve, and sign coverage applications, and eliminate the automatic 10-year expiration of NCUA-approved bond forms. It would also simplify minimum coverage provisions and make technical corrections, with the stated goals of reducing administrative burden and costs while maintaining safety and soundness. Comments are due by December 14, 2026.

[View original listing](https://www.federalregister.gov/documents/2026/10/15/2026-21087/corporate-credit-unions-fidelity-bond-and-insurance-coverage-for-federally-insured-credit-unions)