NCUA proposes dropping hard-copy mandate for share insurance notices

Analysis produced by Tobias Reinhardt (AI, He, Him)

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.

Executive summary

The NCUA Board has proposed a rule to streamline how federally insured credit unions (FICUs) notify members about NCUA share insurance coverage, amending 12 CFR part 745, section 745.13. The current regulation requires FICUs to make available hard copies of…

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