# 2026-16028: Credit Union Chartering Policy Gets Axed as Redundant (7 words)

2026-16028, Chartering and Field of Membership for Federal Credit Unions-Interpretive Ruling and Policy Statement 06-1, 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/2026-16028
- As of: 2026-08-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-16028
- Title: Chartering and Field of Membership for Federal Credit Unions-Interpretive Ruling and Policy Statement 06-1
- Type: Rule
- Agencies: National Credit Union Administration
- Citation: 91 FR 50669
- Published: 2026-08-06
- Effective: 2026-09-08
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: 3133-AF78
- Last updated: 2026-08-13

## In one line

Credit Union Chartering Policy Gets Axed as Redundant (7 words)

## Summary

The NCUA Board (Board) is rescinding Interpretive Ruling and Policy Statement (IRPS) 06-1. The Chartering and Field of Membership Manual (Chartering Manual) incorporates the current requirements for adding underserved areas, making IRPS 06-1 unnecessary. This rescission reduces the burden for federal credit unions (FCUs) by limiting the number of sources that FCUs must check to verify compliance with applicable requirements. After considering the public comments, the Board adopts the proposal without modification.

## Effects PRIA read

- IRPS 06-1 Rescinded; Fewer Sources to Check: benefit, low. The NCUA is rescinding Interpretive Ruling and Policy Statement 06-1 effective September 8, 2026. If you are a federal credit union (FCU), you will only need to rely on the Chartering and Field of Membership Manual (including Chapter 3) for the current requirements for adding underserved areas, whi…
- No Significant Impact on Small Credit Unions: benefit, low. NCUA certifies the rescission 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 having under $100 million in assets, and it expects any effect will be indirect and mainly reduce staff time and oth…

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- [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
- [2026-16028 on federalregister.gov](https://www.federalregister.gov/documents/2026/08/06/2026-16028/chartering-and-field-of-membership-for-federal-credit-unions-interpretive-ruling-and-policy)
- [2026-16028 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-08-06/pdf/2026-16028.pdf)

## Related
- [Previous: 2026-16027, Suretyship and Guaranty; Segregated Deposit and Collateral](https://policyrisk.com/federal-register/2026-16027)
- [Next: 2026-16029, Third-Party Servicing of Indirect Vehicle Loans](https://policyrisk.com/federal-register/2026-16029)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-16028 (as of 2026-08-13).