On March 24, 2026, the NCUA announced its eighth round of proposed regulatory changes associated with NCUA’s Deregulation Project. The project is an ongoing review of NCUA’s regulations to ensure regulations are focused on credit unions’ safety, soundness, and resilience.
The NCUA is requesting comments on a proposal that would eliminate defined limits on credit unions’ ability to purchase or participate in third-party auto loans by removing sections § 701.21(h) and § 741.203(c). According to the NCUA, removing said limits would reduce regulatory burden and allow credit unions and their boards greater flexibility to decide what amount of purchased indirect vehicle loans serviced by third parties is appropriate for the credit union’s size, the complexity of the transactions, and the board’s risk tolerance.
Read the NCUA’s press release here.