On January 13, 2026, the NCUA Board released a third set of proposed rules as part of its ongoing effort to streamline regulations and reduce unnecessary compliance burden for federal credit unions (FCUs). The proposals would remove interpretations and regulations the Board views as outdated or duplicative.
The proposals include:
Changes for Nondiscrimination Requirements. The Board proposes to remove12 CFR 701.3. NCUA will no longer attempt to summarize requirements more appropriately issued by other agencies.
Changes for Interpretive Ruling and Policy Statement (IRPS) 08-2 Service to Underserved Areas. The Board proposes to eliminate a redundant standard currently listed in more than one area that would ease the compliance burden on FCUs by limiting the number of sources that FCUs must check to ensure compliance with applicable chartering and FOM requirements.
Changes for Interpretive Ruling and Policy Statement (IRPS) 10-1 Community Chartering Policies. The Board proposes to eliminate a redundant standard currently listed in more than one area.
Changes for Interpretive Ruling and Policy Statement (IRPS) 11-2 Federal Corporate Credit Union Chartering. The proposed rescission would remove guidance regarding procedures and timelines for chartering federal corporate credit unions. This would reduce the regulatory burden by limiting the sources that FCUs must check when chartering a new corporate credit union ensuring all they would need to comply with is the guidance and procedures in the Federal Corporate Credit Union Chartering Manual.
Public comments on all four proposals will be accepted through March 15, 2026.
The NCUA’s press release can be found here.