Dependent Care and Board Member Expense Reimbursement
The NCUA Board is amending its regulations concerning the reimbursement of reasonable expenses for federal credit union (FCU) officials. The amendment revises the definition of compensation to exclude dependent care costs incurred by volunteer officials while attending board meetings and performing official credit unio
| Agency | National Credit Union Administration |
|---|---|
| Document type | Rule |
| Published | 2026-06-09 |
| Summary | The NCUA Board is amending its regulations concerning the reimbursement of reasonable expenses for federal credit union (FCU) officials. The amendment revises the definition of compensation to exclude dependent care costs incurred by volunteer officials while attending board meetings and performing official credit union duties. By recognizing these costs as reimbursable, the NCUA Board is authorizing FCUs to remove a potential barrier to volunteer service for persons with dependent care responsibilities. The final rule also provides flexibility for FCU boards to adopt more family-friendly policies tailored to their size, region, and operations. The final rule follows publication of the Janua |
| Document number | 2026-11507 |
| Official record | https://www.federalregister.gov/documents/2026/06/09/2026-11507/dependent-care-and-board-member-expense-reimbursement |