NCUAProposed Rule
Supervisory Committee Audits and Verifications
Finance & Banking
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Summary
The National Credit Union Administration (NCUA) is proposing new rules about how credit unions' supervisory committees conduct audits and verify financial records. This matters to credit union members because these oversight checks help ensure their deposits are safe and the credit union is managed honestly.
Key Points
- 1Credit unions must have supervisory committees that regularly audit and verify their financial records to catch problems early
- 2The new rule updates standards for what these audits should include and how thorough they need to be
- 3This regulation primarily affects credit unions and their leadership, but protects everyday members by ensuring stronger financial oversight
- 4The public can submit comments about this proposed rule until February 10, 2026
- 5If approved, credit unions will need to follow the new audit requirements to stay in compliance with federal regulations
Key Dates
Published
December 11, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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