Bankowość i finanse · 22/10/2008

NCUA Adopts Temporary Increase in Share Insurance Amount and Expanded Display Options

The National Credit Union Administration (NCUA) is implementing changes to its share insurance rules in response to a recent congressional action, which temporarily raises the standard maximum share insurance amount from $100,000 to $250,000 and expands coverage for custodial loan accounts. The NCUA is also providing credit unions with new options for displaying its official sign.