The NCUA Board is requesting comments on the first round of proposed regulatory changes under the NCUA Deregulation Project. The comment period ends on February 9, 2026, at 11:59 p.m. Eastern.
The proposals would clarify agency guidance or remove unnecessary, redundant, overly prescriptive, or unduly burdensome requirements in the Code of Federal Regulations, including:
- 12 CFR 704.8 and 704.15, Corporate Credit Unions — Removes the requirement that a corporate credit union’s asset and liability management committee include a board member and removes certain annual report and independent public accountant filing and notification requirements.
- 12 CFR 715, Supervisory Committee Audits and Verifications — Streamlines supervisory committee audit requirements by removing outdated or duplicative provisions and reducing prescriptive language.
- 12 CFR 748 Appendix A, Guidelines for Safeguarding Member Information — Removes Appendix A from the CFR and publishes its contents as guidance (e.g., a Letter to Credit Unions).
- 12 CFR 748 Appendix B, Guidance on Response Programs for Unauthorized Access to Member Information and Member Notice — Removes Appendix B from the CFR and publishes its contents as guidance.
For more information or to submit a comment, please visit Regulations.gov.
For more information about the NCUA Deregulation Project, visit: https://ncua.gov/news/deregulation-project.
Comments on Deregulation Project Proposals Due Feb. 9
The NCUA Board is requesting comments on the first round of proposed regulatory changes under the NCUA Deregulation Project. The comment period ends on February 9, 2026, at 11:59 p.m. Eastern.
The proposals would clarify agency guidance or remove unnecessary, redundant, overly prescriptive, or unduly burdensome requirements in the Code of Federal Regulations, including:
For more information or to submit a comment, please visit Regulations.gov.
For more information about the NCUA Deregulation Project, visit: https://ncua.gov/news/deregulation-project.