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NCUA RIN: 3133-AG04 Publication ID: 2026 
Title: ●Fidelity Bond and Insurance Coverage for Federally Insured Credit Unions 
Abstract:

The NCUA Board proposes to amend its regulations at part 713, which govern fidelity bond and insurance coverage for FICUs. Under the provisions of part 713, a FICU’s board of directors is responsible for maintaining adequate insurance, setting minimum requirements for fidelity bond coverage and deductibles, and outlining the process for the NCUA’s approval of bond forms.

 
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 713.2    12 CFR 713.4    12 CFR 713.5   
Legal Authority: 12 U.S.C. 1761(a) and 1761(b)    12 U.S.C. 1766(a) and 1766(h)    12 U.S.C. 1789(a)(11)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/00/2026 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Damon Frank
Senior Trial Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 518-6549
Fax:703 519-4016
Email: dfrank@ncua.gov