Corporate Credit Unions; Fidelity Bond and Insurance Coverage for Federally Insured Credit Unions
- Agencies
- National Credit Union Administration
- Type
- Proposed Rule
- Published
- Document number
- 2026-21087
Read the full document on FederalRegister.gov PDF
Summary
The NCUA Board (Board) seeks comment on proposed amendments to its regulations governing fidelity bond and insurance coverage for federally insured credit unions (FICUs). The proposed rule would eliminate certain prescriptive procedural mandates and simplify requirements for coverage amounts and deductibles. The intended effect is greater flexibility for FICUs, simplified compliance, and reduced administrative costs without compromising safety and soundness.
How it was scored
Scored by jev-1.13.0 on October 15, 2026. A reading describes what the action does, not who issued it, and is based on the summary. Scores are automated and can be wrong. How scoring works