The National Credit Union Administration will hold a board meeting on Thursday, April 9, during which it will receive briefings on a handful of big ticket items: the 2026-2030 Strategic Plan, 2026 Annual Performance Plan, NCUA’s Deregulation Project, and Brokered & Reciprocal Deposits.
The meeting will be held at 10 am ET, and will be livestreamed on the NCUA’s website and YouTube channel.
NCUA has also announced the ninth round of its deregulation proposals, two weeks after the seventh round was released.
The ninth round includes removing limitations which NCUA qualifies as “overly burdensome requirements” on credit unions. Specifically, removing the “automatic disqualification of associational groups that require the purchase of a product or service as a condition of membership.” Removal of this qualifier will allow a more “holistic evaluation” to take place.
Per the NCUA, the rule change would “provide regulatory relief to single associational groups and multiple common bond federal credit unions of all sizes in seeking to include associations that may have some customer-client component.”
The round is a part of the ongoing Deregulation Project with the expressed goal of reviewing, revising, and removing regulations the NCUA deems to be obsolete, duplicative, overly burdensome, or serving as guidance rather than requirement.
