Alexandria, VA (November 13, 2026) ― The National Credit Union Administration today announced four final rules as part of the regulatory changes associated with NCUA’s Deregulation Project. The project is an ongoing review of NCUA’s regulations to ensure they are focused on credit unions’ safety, soundness, and resilience.
The final rules include:
12 CFR 701.31 – Nondiscrimination Requirements
Final Rule Summary
The NCUA Board eliminated 12 CFR 701.31 because the regulation was outdated and duplicated requirements found in other federal laws and regulations. 12 CFR 701.31 summarized Fair Housing Act (FHA) nondiscrimination requirements related to real estate lending, appraisals, and advertising. NCUA last made substantive changes to the regulation in 2001, and it no longer reflected current legal and regulatory developments. The Board determined that removing the regulation reduces confusion without changing federal credit unions’ obligations under the FHA, Equal Credit Opportunity Act (ECOA), or their implementing regulations.
12 CFR Part 740 – Accuracy of Advertising and Notice of Insured Status
Final Rule Summary
The NCUA Board amended its regulations governing advertising and notice of insured status to simplify requirements for federally insured credit unions (FICUs). The final rule removes the requirement for FICUs to include the official NCUA advertising statement in advertisements. The NCUA Board determined that the requirement was overly prescriptive and no longer suited to modern advertising practices.
The final rule does not change requirements related to the official NCUA sign or the requirement that advertising be accurate and not misleading. FICUs must continue to comply with all other applicable advertising requirements.
12 CFR Part 716 – Privacy of Consumer Financial Information
Final Rule Summary
The NCUA Board eliminated 12 CFR Part 716, which contained an outdated cross-reference to the Consumer Financial Protection Bureau's (CFPB) regulation on the privacy of consumer financial information. The Dodd-Frank Act transferred NCUA’s rulemaking authority under the Gramm-Leach-Bliley Act regarding the privacy of consumer financial information to the CFPB, and the CFPB has maintained these requirements since 2011. The NCUA Board determined that Part 716 is no longer necessary because it only served as a transition aid following the transfer of authority.
The final rule does not change credit unions' obligations regarding the privacy of consumer financial information. Those requirements continue to be governed by the CFPB's Regulation P.
12 CFR Part 761– Registration of Residential Mortgage Loan Originators
Final Rule Summary
The NCUA Board eliminated 12 CFR 761 and 12 CFR 741.223 because the provisions were no longer needed. 12 CFR 761 directed credit unions to the Consumer Financial Protection Bureau's Regulation G, and 12 CFR 741.223 required compliance with that regulation.
The Dodd-Frank Act transferred NCUA’s SAFE Act rulemaking authority to the CFPB. The CFPB maintains the requirements in Regulation G, 12 CFR 1007. 12 CFR Part 761 and 12 CFR 741.223 were retained to assist credit unions during the transition following the transfer of authority and are no longer necessary.
The final rule does not change credit unions’ obligations regarding the registration of residential mortgage loan originators. Credit unions remain subject to the SAFE Act and the CFPB’s Regulation G.
Find a detailed summary for each proposal at https://ncua.gov/news/deregulation-project/.
Proposed Regulation Change | Obsolete Regulations | Overly Burdensome Requirements | Duplicative | Guidance |
|---|---|---|---|---|
| 12 CFR 701.31 | ✔Yes | ✔Yes | ✔Yes | ✔Yes |
| 12 CFR 740.0 and 740.5 | ✔Yes | |||
| 12 CFR Part 716 | ✔Yes | |||
| 12 CFR Parts 761 (conforming Part 741) | ✔Yes |
To submit comments, type or paste the docket numbers into the search on the Federal Rulemaking Portal.