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Post-Election Training for New Board Members

The NCUA Board (Board) solicits public comment on a proposal to eliminate the regulatory requirement that each director of a federal credit union (FCU) attain a working familiarity with finance and accounting within 6 months after election or appointment. The Board believes the regulation is unnecessarily prescriptive.

AgencyNational Credit Union Administration
Document typeProposed Rule
Published2026-02-25
SummaryThe NCUA Board (Board) solicits public comment on a proposal to eliminate the regulatory requirement that each director of a federal credit union (FCU) attain a working familiarity with finance and accounting within 6 months after election or appointment. The Board believes the regulation is unnecessarily prescriptive.
Document number2026-03753
Official recordhttps://www.federalregister.gov/documents/2026/02/25/2026-03753/post-election-training-for-new-board-members

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