NCUA Succession Planning Rule Goes Into Effect Jan. 1
Last December, the National Credit Union Administration (NCUA) released a final rule on succession planning, amending parts 701 and 741 of NCUA’s regulations. The new rule requires both consumer federal credit unions and consumer federally-insured, state-charted credit unions to establish written succession planning, effective Jan. 1, 2026. Final Rule to Reduce Unplanned Mergers Lack of […]