The NCUA Board proposed a rule to reimburse dependent care expenses for federal credit union officials, aiming to reduce barriers to volunteer service. The proposal would allow for the payment of reasonable dependent care costs incurred during board meetings and official duties. This would apply to all federal credit unions, but not to federally insured, state-chartered credit unions.
Public comments on this proposal are due March 27, 2026. For more information or to submit a comment, please visit Regulations.gov.
Comments on Proposed Dependent Care Reimbursement Rule Due March 27
The NCUA Board proposed a rule to reimburse dependent care expenses for federal credit union officials, aiming to reduce barriers to volunteer service. The proposal would allow for the payment of reasonable dependent care costs incurred during board meetings and official duties. This would apply to all federal credit unions, but not to federally insured, state-chartered credit unions.
Public comments on this proposal are due March 27, 2026. For more information or to submit a comment, please visit Regulations.gov.