NCUA

SMMH Federal Credit Union Member Notice

The National Credit Union Administration (NCUA) has posted a member notice from SMMH Federal Credit Union regarding an upcoming event or update. This notice is for informational purposes and does not appear to introduce new regulatory requirements.

Inland Federal Credit Union Member Notice

The National Credit Union Administration (NCUA) has issued a member notice regarding Inland Federal Credit Union. This notice, dated February 20, 2026, provides information to credit union members.

NCUA Proposed Merger of Credit Unions

The National Credit Union Administration (NCUA) is seeking public comment on the proposed merger of Inland Federal Credit Union and Cabrillo Credit Union. This consultation is part of the regulatory review process for significant financial institution mergers.

NCUA Proposed Rule on Credit Union Service Contracts

The NCUA is proposing to revise its regulations by eliminating a provision related to credit union service contracts. The agency aims to reduce administrative costs and compliance complexity for federal credit unions (FCUs). Public comments are due by April 27, 2026.

NCUA Proposes Rule on Member Loan Compensation

The NCUA is proposing to amend its regulation on official and employee compensation in connection with member loans and lines of credit. The proposed rule aims to provide clearer and more flexible standards, expressly permitting incentive and bonuses based on lending metrics and overall financial performance.

NCUA proposes eliminating post-election training for credit union board members

The NCUA has proposed eliminating the requirement for federal credit union board members to attain a working familiarity with finance and accounting within six months of election or appointment. The agency believes the current regulation is unnecessarily prescriptive and is seeking public comment on this proposal.

NCUA Proposed Rule on Statutory Lien Authority

The NCUA has proposed a rule to remove a redundant provision from its regulations concerning federal credit unions' statutory lien authority. The provision, which clarifies that other laws supersede NCUA regulations, is deemed to have no material value. Comments are due by April 27, 2026.

NCUA Seeks Comments on Information Collection Renewal

The National Credit Union Administration (NCUA) has submitted requests to the Office of Management and Budget (OMB) for the renewal of three information collections: Records Preservation, Federal Credit Union Bylaws, and Supervisory Committee Audits and Verifications. The agency is seeking public comments on these proposed renewals.

NCUA Removes Reputation Risk from Banking Guidance

The National Credit Union Administration (NCUA) has removed reputation risk from its examination and supervisory guidance, effective September 25, 2025, in accordance with Executive Order 14331. This change directs NCUA employees to no longer base supervisory concerns on reputation risk when examining federally insured credit unions.

NCUA Extends 18% Loan Interest Rate Ceiling for Federal Credit Unions

The National Credit Union Administration (NCUA) has extended the temporary 18% interest rate ceiling for loans made by federal credit unions. This extension, approved by the NCUA Board, will now last through September 10, 2027, providing continued flexibility for consumer lending.