# 2026-16023: Nonmember Insurance Disclosures Simplified for Credit Unions (6 words)

2026-16023, Requirements for Insurance, is a Federal Register rule from National Credit Union Administration published 2026-08-06, effective 2026-09-08; PRIA reads it as touching household money (as of 2026-08-13).

- Canonical: https://policyrisk.com/federal-register/2026-16023
- As of: 2026-08-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-16023
- Title: Requirements for Insurance
- Type: Rule
- Agencies: National Credit Union Administration
- Citation: 91 FR 50686
- Published: 2026-08-06
- Effective: 2026-09-08
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: 3133-AG00
- Last updated: 2026-08-13

## In one line

Nonmember Insurance Disclosures Simplified for Credit Unions (6 words)

## Summary

The NCUA Board (Board) is amending its regulations that establish the requirements for obtaining and maintaining federal share insurance with the National Credit Union Share Insurance Fund (Share Insurance Fund). The provisions of this part apply to all federally insured credit unions (FICUs). The rule will reduce regulatory burden by eliminating unnecessary and redundant requirements related to disclosing when nonmember accounts are not covered by federal share insurance.

## Effects PRIA read

- Duplicitous Nonmember Notice Removed: benefit, low. If you run or manage a federally insured credit union (FICU), the NCUA removed 12 CFR Sec. 741.10 effective September 8, 2026. That section used to require FISCUs to identify nonmember accounts on reports and send written letters to nonmember account holders saying those accounts were not insured b…
- Contract Notice Requirement Still Binding: cost, low. Even though Sec. 741.10 is removed on September 8, 2026, state-chartered FISCUs must still follow their contractual obligations under NCUA Form 9600 to identify nonmember share or deposit accounts and notify nonmember account holders that those accounts are not federally insured as a condition of m…
- No Significant Small Credit Union Impact: benefit, low. NCUA certified that the final rule will not have a significant economic impact on a substantial number of small credit unions; for this analysis NCUA defines small credit unions as those with under $100,000,000 in assets.

## Related documents

- [2026-11559](https://policyrisk.com/federal-register/2026-11559): Preemption-Federal Credit Union Non-Interest Charges and Fees, 2026-06-09
- [2026-20729](https://policyrisk.com/federal-register/2026-20729): Proposed Agency Information Collection Activities; Comment Request, 2026-10-09
- [2026-19275](https://policyrisk.com/federal-register/2026-19275): Renewal of Agency Information Collection of a Previously Approved Collection; Request for Comments, 2026-09-21
- [2026-18859](https://policyrisk.com/federal-register/2026-18859): Proposed Third-Party Risk Management Guidance, 2026-09-15
- [2026-17307](https://policyrisk.com/federal-register/2026-17307): Interagency Rescission of the Interagency Statement on Special Purpose Credit Programs Under the Equal Credit Opportunity Act and Regulatio…, 2026-08-25
- [2026-16031](https://policyrisk.com/federal-register/2026-16031): Chartering and Field of Membership for Federal Credit Unions-Interpretive Ruling and Policy Statement 08-2, 2026-08-06

## Sources
- [2026-16023 on federalregister.gov](https://www.federalregister.gov/documents/2026/08/06/2026-16023/requirements-for-insurance)
- [2026-16023 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-08-06/pdf/2026-16023.pdf)

## Related
- [Previous: 2026-16022, Corporate Credit Unions](https://policyrisk.com/federal-register/2026-16022)
- [Next: 2026-16024, Chartering and Field of Membership for Federal Credit Unions-Interpretive Rulin…](https://policyrisk.com/federal-register/2026-16024)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-16023 (as of 2026-08-13).