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Proposed rule

Chartering and Field of Membership

Built by the Tribune's code from the Federal Register. No AI wrote this page. Published in the Federal Register April 8, 2026. Document 2026-06757. Updated Nov. 12, 2026.

What it does

The NCUA Board (Board) proposes to amend the associational common bond provisions of its chartering and field of membership (FOM) rules. The proposed FOM amendment would clarify that requiring the purchase of a product or service as a condition of membership no longer automatically bars eligibility as a recognized association. The Board does not believe such an automatic bar is required under the Federal Credit Union (FCU) Act, and a client-customer relationship as a condition of membership may still be incidental in a manner that permits an evaluation of the group's activities and overall circumstances.

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-AF93 since Jan. 1, 2025.

What happens next and when

Comments must be received on or before June 8, 2026.

The agency's dates, word for word.

Document number2026-06757
ActionProposed rule.
AgenciesNational Credit Union Administration
PublishedApril 8, 2026
Comments closeJune 8, 2026
Regulation identifier (RIN)3133-AF93
DocketNCUA-2026-0661

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