One June 17, 2024, the NCUA issued a final rule on succession planning, through which additional requirements were placed on credit unions. Not only is it important that credit unions ensure they are meeting new regulatory requirements, but having a succession plan in place helps ensure the continuity of the credit union’s operations, preserves institutional knowledge, and helps the credit union maintain a strong connection with its members. During this presentation will we discuss the new regulatory requirements and will work on a succession plan that can be implemented by your credit union.