The NCUA reviews all of its existing regulations every three years. The NCUA’s Office of General Counsel maintains a rolling review schedule that identifies one-third of the NCUA’s existing regulations that are published in the Code of Federal Regulations for review each year and provides notice to the public of those regulations specifically under review so the public may have an opportunity to comment.
The NCUA will specifically review the following regulations in 2025:
Regulation Part | Description |
---|---|
Regulation Part 700 |
Description Definitions |
Regulation Part 701.1 |
Description Federal Credit Union Chartering, Field of Membership Modifications, and Conversions |
Regulation Part 701.2 |
Description Federal Credit Union Bylaws |
Regulation Part 701.3 |
Description Member Inspection of Credit Union Books, Records, and Minutes |
Regulation Part 701.4 |
Description General Authorities and Duties of Federal Credit Union Directors |
Regulation Part 701.6 |
Description Fees Paid by Federal Credit Unions |
Regulation Part 701.14 |
Description Change in Official or Senior Executive Officer in Credit Unions that are Newly Chartered or are in Troubled Condition |
Regulation Part 701.19 |
Description Benefits for Employees of Federal Credit Unions |
Regulation Part 701.20 |
Description Suretyship and Guaranty |
Regulation Part 701.21 |
Description Loans to Members and Lines of Credit to Members |
Regulation Part 701.22 |
Description Loan Participations |
Regulation Part 701.23 |
Description Purchase, Sale, and Pledge of Eligible Obligations |
Regulation Part 701.24 |
Description Refund of Interest |
Regulation Part 701.25 |
Description Loans to Credit Unions |
Regulation Part 701.26 |
Description Credit Union Service Contracts |
Regulation Part 701.30 |
Description Services for Nonmembers Within the Field of Membership |
Regulation Part 701.31 |
Description Nondiscrimination Requirements |
Regulation Part 701.32 |
Description Payment on Shares by Public Units and Nonmembers |
Regulation Part 701.33 |
Description Reimbursement, Insurance, and Indemnification of Officials and Employees |
Regulation Part 701.34 |
Description Designation of Low-Income Status |
Regulation Part 701.35 |
Description Share, Share Draft, and Share Certificate Accounts |
Regulation Part 701.36 |
Description Federal Credit Union Occupancy and Disposal of Acquired and Abandoned Premises. |
Regulation Part 701.37 |
Description Treasury Tax and Loan Depositaries; Depositaries and Financial Agents of the Government |
Regulation Part 701.38 |
Description Borrowed Funds |
Regulation Part 701.39 |
Description Statutory Lien |
Regulation Part Appendix |
Description Appendix A to Part 701 – Federal Credit Union Bylaws |
Regulation Part Appendix |
Description Appendix B to Part 701 – Chartering and Field of Membership Manual |
Regulation Part 702 |
Description Capital Adequacy |
Regulation Part 703 |
Description Investment and Deposit Activities |
Regulation Part 704 |
Description Corporate Credit Unions |
Regulation Part 705 |
Description Community Development Revolving Loan Fund Access for Credit Unions |
Regulation Part 707 |
Description Truth in Savings |
Regulation Part 708a |
Description Bank Conversions and Mergers |
Regulation Part 708b |
Description Mergers of Insured Credit Unions into Other Credit Unions; Voluntary Termination or Conversion of Insured Status |
Regulation Part 709 |
Description Involuntary Liquidation of Federal Credit Unions and Adjudicationof Creditor Claims Involving Federally Insured Credit Unions in Liquidation |
Regulation Part 710 |
Description Voluntary Liquidation |
Anyone wishing to provide comments on the above regulations should submit them by July 25, 2025. The NCUA’s goal is to ensure that all of our regulations are clearly articulated and easily understood. Comments are welcome on that aspect, as well as substantive suggestions for regulatory changes. Comments may be e-mailed to OGCMAIL@NCUA.GOV or mailed to Regulatory Review (2024), Office of General Counsel, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428. For e-mailed comments, please include the words “Regulatory Review (2025)” in the subject line.
The NCUA’s regulatory process is discussed in NCUA Interpretive Ruling and Policy Statements (IRPS) 87-2, 03-2, 13-1, and 15-1 located on the NCUA’s website. In addition to the periodic review described above, the NCUA may review or revise regulations through processes outside this periodic review. The NCUA publishes a regulatory agenda in the Federal Register each spring and fall.