The National Credit Union Administration (NCUA) is seeking public comments for 60 days on two final rules that haven't fully taken effect. The rules in question are "Simplification of Share Insurance," which will take effect on December 1, 2026, and "Succession Planning," effective January 1, 2026. This request aligns with a January 2025 White House memorandum urging agencies to review rules that have not yet taken effect. Comments can be submitted via multiple methods, including online at www.regulations.gov.
Simple Explanation
The National Credit Union Administration wants to hear what people think about two new rules they are planning to use in the future to make things easier for saving money and for picking new bosses. They're asking people to share their thoughts and ideas online or in other ways.