{"abstract":"The NCUA Board (Board) is proposing to amend its regulations governing the conversion of insured credit unions into banks. The NCUA Board proposes to eliminate certain prescriptive procedural, disclosure, and communication requirements. This action reduces unnecessary regulatory burdens and provides credit union boards of directors with greater flexibility to exercise their business judgment. The intended effect of these changes is to simplify compliance for credit unions, reduce administrative costs, and modernize the conversion process, while ensuring members receive clear and effective disclosures.","action":"Proposed rule.","agencies":[{"raw_name":"NATIONAL CREDIT UNION ADMINISTRATION","name":"National Credit Union Administration","id":335,"url":"https://www.federalregister.gov/agencies/national-credit-union-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/335","parent_id":null,"slug":"national-credit-union-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2026/02/11/2026-02763.html","cfr_references":[{"chapter":null,"citation_url":null,"part":708,"title":12}],"citation":"91 FR 6141","comment_url":"http://www.regulations.gov/commenton/NCUA-2026-0266-0001","comments_close_on":"2026-04-13","correction_of":null,"corrections":[],"dates":"Comments must be received on or before April 13, 2026.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"NCUA","documents":[{"comment_count":393,"comment_start_date":"2026-02-11","updated_at":"2026-03-31T01:56:26.761-04:00","comment_url":"https://www.regulations.gov/commenton/NCUA-2026-0266-0001","allow_late_comments":false,"id":"NCUA-2026-0266-0001","comment_end_date":"2026-04-14","regulations_dot_gov_open_for_comment":true}],"supporting_documents_count":0,"id":"NCUA-2026-0266","title":"Bank Conversion and Mergers, Subpart A - Conversion of Insured Credit Unions to Mutual Savings Banks"}],"document_number":"2026-02763","effective_on":null,"end_page":6144,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2026/02/11/2026-02763.xml","html_url":"https://www.federalregister.gov/documents/2026/02/11/2026-02763/bank-conversions-and-mergers-subpart-a-conversion-of-insured-credit-unions-to-mutual-savings-banks","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2026-02763?publication_date=2026-02-11","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2026-02-11/2026-02763/mods.xml","not_received_for_publication":null,"page_length":4,"page_views":{"count":667,"last_updated":"2026-04-03 18:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-02-11/pdf/2026-02763.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-02763.pdf?1770731122","publication_date":"2026-02-11","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2026/02/11/2026-02763.txt","regulation_id_number_info":{"3133-AG01":null},"regulation_id_numbers":["3133-AG01"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":393,"agency_id":"NCUA","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=NCUA-2026-0266","supporting_documents_count":0,"docket_id":"NCUA-2026-0266","document_id":"NCUA-2026-0266-0001","regulation_id_number":"3133-AG01","title":"Bank Conversion and Mergers, Subpart A - Conversion of Insured Credit Unions to Mutual Savings Banks","checked_regulationsdotgov_at":"2026-04-01T03:55:03Z"},"regulations_dot_gov_url":"http://www.regulations.gov/commenton/NCUA-2026-0266-0001","significant":null,"signing_date":null,"start_page":6141,"subtype":null,"title":"Bank Conversions and Mergers, Subpart A-Conversion of Insured Credit Unions to Mutual Savings Banks","toc_doc":"Conversion of Insured Credit Unions to Mutual Savings Banks","toc_subject":"Bank Conversions and Mergers","topics":["Bank deposit insurance","Credit unions","Reporting and recordkeeping requirements"],"type":"Proposed Rule","volume":91}