Dependent Care and Board Member Expense Reimbursement

What it does

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 January 26, 2026, proposed rule, and takes into consideration the public comments received.

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

What changed in the regulation

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

12 CFR 701

Wording on eCFR: the day before it took effect and from the day it took effect (first part listed).

Compared with

The National Credit Union Administration has published 19 final rules in 2026 so far, compared with 2 in all of 2025.

Counted by the Tribune from Federal Register records since Jan. 1, 2025.

Before this

1 earlier Federal Register document under regulation identifier 3133-AF64 since Jan. 1, 2025.

• Jan. 26, 2026 Proposed rule. Dependent Care and Board Member Expense Reimbursement

What happens next and when

This final rule is effective on July 9, 2026.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Title 12 on eCFR

The record as published

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