ALEXANDRIA, Va.–NCUA’s chairman is urging credit unions to review and comment on the 12 notices of proposed rulemaking it has made as part of its “Deregulation Project.”
The CU Daily has the dozen proposals listed here.
In remarks to the agency’s board meeting on Thursday, Chairman Kyle Hauptman likened the effort to a “spring cleaning, which is useful for any large organization but especially for government agencies, which lack the market forces that naturally provide that type of discipline.”
Hauptman, who said during his introductory comments to the board meeting that additional notices of “deregulations” are to come, allows the agency to better focus on its mission, which is to “enable access to financial services by facilitating safe, sound and resilient credit unions.”
He urged credit unions to visit the agency’s website for more information and to comment, including on the NCUA’s recent announcement of its supervisory priorities for 2026.
