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Data / Federal rules / 2026-09009

Thresholds Increase for the Major Assets Prohibition of the Depository Institution Management Interlocks Act Rule

The National Credit Union Administration published this proposed rule in the Federal Register on May 7, 2026. Comments closed on July 6, 2026.

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What the agency says

The NCUA Board (Board) is seeking comment on a proposed rule that would increase two thresholds in its regulation implementing management official interlocks for purposes of the Depository Institution Management Interlocks Act (DIMIA). DIMIA provides that the NCUA may adjust, by regulation, the major assets prohibition thresholds to allow for inflation or market changes. This proposal would increase both major assets prohibition thresholds to $10 billion to account for changes in the United States banking market since 1996. Additionally, the proposal would remove a presumption related to depository institutions controlled or managed by persons who are members of a minority group or women.

Key facts

Document number
2026-09009
Type
Proposed rule
Action
Proposed rule
Agency
National Credit Union Administration
Published
May 7, 2026
Comments due
July 6, 2026
Dates
Comments must be received by July 6, 2026.
Regulation ID (RIN)
3133-AF89
Code of Federal Regulations
12 CFR 711
Topics
Antitrust; Credit unions; Holding companies
Pages
5

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.