Federal Register #2026-21509

NCUA proposes eliminating a special reserve requirement for certain credit union investments

The National Credit Union Administration (NCUA) proposes a regulatory change affecting federally insured, state-chartered credit unions. - Government entity: NCUA Board; the proposal concerns federal share-insurance regulations for federally insured, state-chartered credit unions (FISCUs). - Proposed change: Remove the special reserve requirement for certain nonconforming investments and eliminate related references in risk-based capital and investment activity regulations. - Stated purpose: Reduce compliance and administrative burdens while continuing to protect the National Credit Union Share Insurance Fund. - Procurement status: This is a proposed rule, not a request to buy products or services. No OEMs, vendors, products, quantities, or part numbers are identified.

Description

The National Credit Union Administration proposes to amend regulations governing federal share insurance. The proposal would remove the requirement for federally insured, state-chartered credit unions to establish a special reserve for certain investments beyond those authorized for federally chartered credit unions. It would also remove related references in regulations concerning risk-based capital and investment activity. The stated purpose is to reduce compliance and administrative burdens without diminishing the NCUA’s ability to protect the National Credit Union Share Insurance Fund. Comments are due December 21, 2026.

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