NCUA headquarters. Credit/NCUA
The NCUA invited the public to comment on whether eight specific regulatory parts remain necessary, effective and not unduly burdensome, as part of the agency’s rolling three-year regulatory review process.
According to the notice to be filed in the Federal Register on July 10, the NCUA is reviewing the following parts of its regulations:
- Part 700 (Definitions);
- Part 701 (Federal credit union operations);
- Part 702 (Capital adequacy);
- Parts 708a and 708b (Conversions and mergers);
- Part 709 (Involuntary liquidation);
- Part 710 (Voluntary liquidation); and
- Part 711 (Management official interlocks).
These rules cover critical operational and structural components of the credit union system, from defining regulatory terms to governing how federally insured credit unions merge, convert or unwind operations.
Recommended For You
The agency’s goal, as outlined in the notice, is to determine whether the existing regulations in these areas are “outdated, unnecessary or unduly burdensome.” The NCUA specifically requested that commenters provide input on whether any of these rules should be “modified, streamlined, expanded or repealed.”
Interested parties were encouraged to include supporting data, legal arguments or alternative regulatory language where applicable. The NCUA will use the feedback to inform future regulatory updates.
The public comment period is open until Oct. 8, 2025. Comments can be submitted online at www.regulations.gov or by mail, as outlined in the official filing.
This process does not commit the agency to specific regulatory changes, but it signals the NCUA’s continued effort to align its regulations with industry practices and reduce compliance burdens where appropriate.
The agency emphasized that all submitted comments will become part of the public record and will be considered in any future rulemaking.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.