Base
Proposed RuleOpen for Comment2026-215082026-10-21

Conversion to State-Chartered Credit Union

National Credit Union Administration

Abstract

The NCUA Board (Board) solicits public comment on a proposal to remove a regulatory provision regarding the process for maintaining federal share insurance following the conversion of a federal credit union (FCU) to a state charter. The provision is unnecessarily duplicative of a similar provision contained in NCUA's Chartering and Field of Membership Manual (Manual), and is outdated, having been superseded by amendments to the Manual.

Action & Dates

Action
Proposed rule.
Dates
Comments must be received by December 21, 2026.

CFR References

Topics

Bank deposit insuranceCreditCredit unionsReporting and recordkeeping requirements

Public Comment

Comments Close
2026-12-21 — Open for comment

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. National Credit Union Administration 12 CFR Part 741 RIN 3133-AG26 AGENCY: National Credit Union Administration (NCUA). ACTION: Proposed rule. SUMMARY: The NCUA Board (Board) solicits public comment on a proposal to remove a regulatory provision regarding the process for maintaining federal share insurance following the conversion of a federal credit union (FCU) to a state charter. The provision is unnecessarily duplicative of a similar provision contained in NCUA's Chartering and Field of Membership Manual (Manual), and is outdated, having been superseded by amendments to the Manual. DATES: Comments must be received by December 21, 2026. ADDRESSES: Comments may be submitted in one of the following ways. ( Please send comments by one method only ): Federal eRulemaking Portal: https://www.regulations.gov . The docket number for this proposed rule is NCUA- ( printed page 66535) 2026-1887. Follow the “Submit a comment” instructions. If you are reading this document on federalregister.gov, you may use the green “SUBMIT A PUBLIC COMMENT” button beneath this rulemaking's title to submit a comment to the regulations.gov docket. A plain language summary of the proposed rule is also available on the docket website. Mail: Address to Melane Conyers-Ausbrooks, Secretary of the Board, National Credit Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428. Hand Delivery/Courier: Same as mailing address. Mailed and hand-delivered comments must be rec…

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Full Document

Citation: 91 FR 66534