A $735.7 million “distribution” will be paid to federally insured credit unions, likely during the second half of the year, the result of a dividend from the federal insurance fund that insures savings in the […]
A final rule for calculating pro-rata share distributions of National Credit Union Share Insurance Fund (NCUSIF) equity, and rebates from the now-closed fund to resolve “corporate credit unions,” will be considered by the NCUA Board […]
Losses piling up from credit union loans for taxi cab medallions that are falling in value may require the federal fund that insures savings in credit unions to increase loss reserves, a member of the […]
A fund set up to stabilize corporate credit unions in the wake of the economic downturn will be merged Oct. 1 with the National Credit Union Share Insurance Fund (NCUSIF), setting the stage for credit […]
A proposed merger of the federal credit union savings insurance fund with a fund set up to stabilize “corporate” credit unions in the wake of the financial crisis – which could result in between $600 […]
Adoption of a final rule to merge the federal credit union savings insurance fund with a fund set up to stabilize “corporate” credit unions in the wake of the financial crisis will be considered by […]
Closing the Temporary Corporate Credit Union Stabilization Fund and Setting the Share Insurance Fund Normal Operating Level Notice and request for comment Federal Register summary: The NCUA Board (Board) is considering closing the Temporary Corporate […]
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