Credit Unions Deregulated on Inter-Loans... But Caps Stay the Same
Published Date: 8/6/2026
Rule
Summary
Starting September 8, 2026, federal credit unions won’t have specific NCUA rules limiting loans to other credit unions, but they still must follow the main law caps. State-chartered credit unions insured by the feds keep following their own rules. This change simplifies the rules but doesn’t change how much money can be loaned overall.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 2 costs, 0 mixed.
Statutory Loan Caps Still Apply
Even after September 8, 2026, federal credit unions remain subject to statutory loan limits: aggregate loans to other credit unions may not exceed 25 percent of the lending credit union's paid-in and unimpaired capital and surplus, and single-member aggregate borrowing is limited to 10 percent of unimpaired capital and surplus (12 U.S.C. provisions cited). The rule removal does not change those dollar or percentage caps.
Written Policy Requirement Removed
If you run a federally insured credit union, starting September 8, 2026 you will no longer be required by NCUA regulation to adopt written board approval policies for loans to other credit unions (12 CFR 701.25(b) is removed). You must still follow the underlying statutory requirement that your board approve loans to other credit unions.
State-Chartered FISCUs Still Follow State Law
If you are a federally insured, state‑chartered credit union (FISCU), you remain subject to any applicable NCUA or state law or regulation about loans to other credit unions and should consult state law to see if board approval or written policies are required. The federal rescission does not override state requirements.
Paperwork Burden Reduced by 1,250 Hours
The rescission of 12 CFR 701.25(b) reduces the public information collection burden by an estimated 1,250 annual burden hours under OMB Control Number 3133-0207. NCUA states this change is deregulatory and estimates reduced compliance time industry‑wide.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-16027, Suretyship and Guaranty; Segregated Deposit and Collateral
The NCUA Board (Board) is amending its regulations to eliminate prescriptive segregated deposit and collateral requirements for suretyship and guaranty agreements. By removing these requirements, the Board is authorizing federally insured credit unions (FICUs) acting as sureties and guarantors to design products that address member needs while maintaining safety and soundness standards. Federal credit unions (FCUs), and federally insured, state-chartered credit unions (FISCUs) if permitted under state law to act as a surety or guarantor, continue to be subject to other requirements related to these arrangements, including the applicable lending regulations. The final rule follows publication of the December 29, 2025, proposed rule, and takes into consideration the public comments received.
2026-16031, Chartering and Field of Membership for Federal Credit Unions-Interpretive Ruling and Policy Statement 08-2
The NCUA Board (Board) is rescinding Interpretive Ruling and Policy Statement (IRPS) 08-2. The Chartering and Field of Membership Manual (Chartering Manual) incorporates the current requirements for adding underserved areas, making IRPS 08-2 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.
2026-16024, Chartering and Field of Membership for Federal Credit Unions-Interpretive Ruling and Policy Statement 10-1
The NCUA Board (Board) is rescinding Interpretive Ruling and Policy Statement (IRPS) 10-1. The Chartering and Field of Membership Manual (Chartering Manual) incorporates NCUA's current chartering requirements for federal credit unions (FCUs), making IRPS 10-1 unnecessary. This rescission reduces the burden for FCUs by limiting the number of sources that they must check to verify compliance with applicable requirements. After considering the public comments, the Board adopts the proposal without modification.
2026-16022, Corporate Credit Unions
The NCUA Board (Board) is issuing this action to rescind its Interpretive Ruling and Policy Statement (IRPS) 11-02, which addresses chartering corporate credit unions, because it is redundant to the Federal Corporate Credit Union Chartering Manual. This action eliminates potential confusion.
2026-16028, Chartering and Field of Membership for Federal Credit Unions-Interpretive Ruling and Policy Statement 06-1
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.
2026-16021, Credit Union Service Contracts
The NCUA Board (Board) is revising its regulations governing the organization and operation of federal credit unions (FCUs) by eliminating a provision related to credit union service contracts. The Board intends to reduce administrative costs and compliance complexity with this revision, enabling FCUs to serve their members more efficiently.
Previous / Next Documents
Previous: 2026-16031, Chartering and Field of Membership for Federal Credit Unions-Interpretive Ruling and Policy Statement 08-2
The NCUA Board (Board) is rescinding Interpretive Ruling and Policy Statement (IRPS) 08-2. The Chartering and Field of Membership Manual (Chartering Manual) incorporates the current requirements for adding underserved areas, making IRPS 08-2 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.
Next: 2026-16043, Airworthiness Directives; Bell Textron Canada Limited Helicopters
If you own a Bell Textron Canada Model 505 helicopter, listen up! The FAA found a problem with a washer on the tail rotor pitch link that might not be installed right. Starting September 10, 2026, you’ll need to do a one-time check and fix it if needed—keeping your chopper safe without breaking the bank.