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| NCUA | RIN: 3133-AF94 | Publication ID: 2026 |
| Title: ●Requirements for Insurance; Maximum Borrowing Authority | |
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Abstract:
The NCUA Board (Board) seeks comment on a proposed rule to remove the maximum borrowing authority from the NCUA’s regulations that establish the requirements for obtaining and maintaining federal share insurance with the National Credit Union Share Insurance Fund (Share Insurance Fund). This provision applies to all federally insured credit unions (FICUs). Removing this regulation would eliminate an unnecessary provision that duplicates the statutory maximum borrowing limit for federal credit unions (FCUs). For federally insured, state-chartered credit unions (FISCUs), removing this section would reduce the federal regulatory burden associated with the federal limit and related waiver provision. |
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| Agency: National Credit Union Administration(NCUA) | Priority: Substantive, Nonsignificant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: No | Unfunded Mandates: No |
| EO 14192 Designation: Deregulatory | |
| CFR Citation: 12 CFR 741.2 | |
| Legal Authority: 12 U.S.C. 1757 12 U.S.C. 1766(a) 12 U.S.C. 1781 to 1790 12 U.S.C. 1790(d) 31 U.S.C. 3717 ... | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Keisha Brooks Attorney-Advisor National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 851-1156 Fax:703 518-6569 Email: klbrooks@ncua.gov |
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