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Data / Federal rules / 2026-06757

Chartering and Field of Membership

The National Credit Union Administration published this proposed rule in the Federal Register on April 8, 2026. Comments closed on June 8, 2026.

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What the agency says

The NCUA Board (Board) proposes to amend the associational common bond provisions of its chartering and field of membership (FOM) rules. The proposed FOM amendment would clarify that requiring the purchase of a product or service as a condition of membership no longer automatically bars eligibility as a recognized association. The Board does not believe such an automatic bar is required under the Federal Credit Union (FCU) Act, and a client-customer relationship as a condition of membership may still be incidental in a manner that permits an evaluation of the group's activities and overall circumstances.

Key facts

Document number
2026-06757
Type
Proposed rule
Action
Proposed rule
Agency
National Credit Union Administration
Published
April 8, 2026
Comments due
June 8, 2026
Dates
Comments must be received on or before June 8, 2026.
Regulation ID (RIN)
3133-AF93
Code of Federal Regulations
12 CFR 701
Topics
Advertising; Aged; Civil rights; Credit; Credit unions; Fair housing; Individuals with disabilities; Insurance; Marital status discrimination; Mortgages; Religious discrimination; Reporting and recordkeeping requirements; Sex discrimination; Signs and symbols; Surety bonds
Pages
4

The document on federalregister.gov PDF

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Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.