Base
Proposed RuleOpen for Comment2026-215092026-10-21

Nonconforming Investment Special Reserve

National Credit Union Administration

Abstract

The NCUA Board (Board) is proposing to amend its regulations governing the requirements for federal share insurance. This action would remove the requirement for federally insured, state-chartered credit unions to establish a special reserve for certain investments that are beyond those authorized for federally chartered credit unions. The intended effect is to reduce unnecessary compliance and administrative burdens for state-chartered insured credit unions without diminishing the agency's ability to protect the National Credit Union Share Insurance Fund.

Action & Dates

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

CFR References

Topics

Bank deposit insuranceBanks, bankingCreditCredit unionsInvestmentsReporting 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 Parts 702, 703, and 741 RIN 3133-AG21 ( printed page 66532) AGENCY: National Credit Union Administration (NCUA). ACTION: Proposed rule. SUMMARY: The NCUA Board (Board) is proposing to amend its regulations governing the requirements for federal share insurance. This action would remove the requirement for federally insured, state-chartered credit unions to establish a special reserve for certain investments that are beyond those authorized for federally chartered credit unions. The intended effect is to reduce unnecessary compliance and administrative burdens for state-chartered insured credit unions without diminishing the agency's ability to protect the National Credit Union Share Insurance Fund. 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-2026-1886. 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 Duk…

Read full document on FederalRegister.gov →

Full Document

Citation: 91 FR 66532