NCUA proposes dropping hard-copy mandate for share insurance notices
A proposed rule would rewrite 12 CFR 745.13, the NCUA regulation requiring federally insured credit unions to notify members about share insurance coverage. The change removes the prescribed hard-copy methods in favor of letting each credit union choose its own notification approach. Comments close December 21, 2026.
- The proposed rule would revise 12 CFR 745.13 to require only that each FICU 'provide notice to its members concerning NCUA insurance coverage,' removing the mandate to stock hard copies.
- NCUA intends to discontinue the 64-page 'Your Insured Funds' brochure and update its share insurance coverage website as the authoritative resource.
- Comments on docket NCUA-2026-1888 must be received by December 21, 2026, via regulations.gov, mail, or hand delivery to the Secretary of the Board.
- OIRA determined the proposal is not a 'significant regulatory action' under Executive Order 12866 and expects it to qualify as a deregulatory action under Executive Order 14192.
- NCUA certifies the rule will not have a significant economic impact on a substantial number of small credit unions, defined as those under $100 million in assets.