Thresholds Increase for the Major Assets Prohibition of the Depository Institution Management Interlocks Act Rule

What it does

The NCUA Board (Board) is seeking comment on a proposed rule that would increase two thresholds in its regulation implementing management official interlocks for purposes of the Depository Institution Management Interlocks Act (DIMIA). DIMIA provides that the NCUA may adjust, by regulation, the major assets prohibition thresholds to allow for inflation or market changes. This proposal would increase both major assets prohibition thresholds to $10 billion to account for changes in the United States banking market since 1996. Additionally, the proposal would remove a presumption related to depository institutions controlled or managed by persons who are members of a minority group or women.

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 711

Before this

No earlier Federal Register document under regulation identifier 3133-AF89 since Jan. 1, 2025.

What happens next and when

Comments must be received by July 6, 2026.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Docket NCUA-2026-0992 on Regulations.gov
• Title 12 on eCFR

The record as published

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