Stakeholders are encouraged to review notice of proposed rulemakings and submit comments

Alexandria, VA (January 13, 2026) |

The National Credit Union Administration today announced the third 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 agency is focused on removing or revising regulations that are: obsolete; overly burdensome; duplicative of other requirements; or guidance.

With today’s announcement, NCUA is requesting comments on four proposals that would clarify agency guidance or eliminate unduly burdensome or obsolete requirements in the Code of Federal Regulations.

The four proposals include:

Changes for Nondiscrimination Requirements – 12 CFR 701.31

• The Board proposes to remove 12 CFR 701.31. NCUA will no longer attempt to summarize requirements more appropriately issued by other agencies.
• Impact on Credit Unions: This does not change credit unions’ compliance obligations regarding the FHA and ECOA, but it should lessen any confusion caused by 701.31 which has not kept pace with current law.
• For more information on this proposal, please see: https://www.federalregister.gov/public-inspection/2026-00591/nondiscrimination-requirements

Changes for Interpretive Ruling and Policy Statement (IRPS) 08-2 Service to Underserved Areas

• The Board proposes to eliminate Interpretive Ruling and Policy Statement 08-2.
• Impact on Credit Unions: This change would eliminate a redundant standard currently listed in more than one area. This 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.
• For more information on this proposal, please see: https://public-inspection.federalregister.gov/2026-00592.pdf

Changes for Interpretive Ruling and Policy Statement (IRPS) 10-1 Community Chartering Policies

• The Board proposes to eliminate its Interpretive Ruling and Policy Statement 10-1.
• Impact on Credit Unions: This change would eliminate a redundant standard currently listed in more than one area. This would ease the compliance burden on FCUs by limiting the number of sources that FCUs must check to ensure compliance with applicable community chartering and FOM requirements.
• For more information on this proposal, please see: https://public-inspection.federalregister.gov/2026-00594.pdf

Changes for Interpretive Ruling and Policy Statement (IRPS) 11-2 Federal Corporate Credit Union Chartering

• The Board proposes rescinding Interpretive Ruling and Policy Statement 11-02.
• Impact on Credit Unions: This 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.
• For more information on this proposal, please see: https://public-inspection.federalregister.gov/2026-00595.pdf

To submit comments, type or paste the docket numbers into the search on the Federal Rulemaking Portal.

For more information about the NCUA Deregulation Project, visit: https://ncua.gov/news/deregulation-project