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The NCUA regulatory comment process is simple. NCUA reviews and updates existing federal credit union rules every three years. Congress directs federal regulators to establish new rules based on new laws. The goal is to minimize burden on credit unions, especially smaller ones. Involvement in writing comment letters allows direct input on how proposed rules could impact your credit union. Comments can influence the final rule and help improve regulatory proposals. Visit NCUA.GOV for more information on the comment process.
