Dependent Care and Board Member Expense Reimbursement

What it does

The NCUA Board proposes to amend its regulations concerning the reimbursement of reasonable expenses for federal credit union (FCU) officials. The proposed rule would enable FCU boards to establish policies that allow for the payment of reasonable dependent care costs incurred by volunteer officials while attending board meetings and performing their official duties. This proposed amendment would include dependent care costs as a reimbursable expense. The proposed changes aim to provide FCUs with greater flexibility to create family-friendly policies, thereby alleviating dependent care costs for volunteer officials, which may otherwise hinder their ability to volunteer.

The National Credit Union Administration's summary, as published in the Federal Register.

What it would change

1 part of Title 12 of the Code of Federal Regulations:

12 CFR 701

Before this

No earlier Federal Register document under regulation identifier 3133-AF64 since Jan. 1, 2025.

Since then:

• June 9, 2026 Final rule. Dependent Care and Board Member Expense Reimbursement

What happens next and when

Comments must be received by on or before March 27, 2026.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Docket NCUA-2026-0067 on Regulations.gov
• Title 12 on eCFR

The record as published

Source: the Federal Register (public domain). The document in the Federal Register