Dependent Care and Board Member Expense Reimbursement
Summary
This proposed rule from the National Credit Union Administration (NCUA) would set new rules for how credit union board members can be reimbursed for childcare costs and other business expenses. The change aims to clarify which types of expenses credit unions can pay back to their board members and under what conditions.
Key Points
- 1Board members of credit unions could receive reimbursement for dependent care expenses (like childcare) when they're attending official credit union business
- 2The rule establishes which types of expenses qualify for reimbursement and sets limits on how much can be reimbursed
- 3Credit unions would need to have written policies in place explaining their reimbursement procedures
- 4The public has until March 28, 2026 to submit comments about whether they support or oppose this proposed rule
- 5If finalized, this rule would make it easier for credit unions to attract board members who might otherwise struggle with childcare costs during meetings
Key Dates
January 26, 2026
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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