Involuntary Liquidation of Federal Credit Unions and Adjudication of Creditor Claims Involving Federally-Insured Credit Unions in Liquidation

Summary

The National Credit Union Administration (NCUA) is issuing a final rule regarding the treatment of financial assets transferred by federally-insured credit unions to another party in connection with securitization or participation. The rule aims to clarify the NCUA's position on the treatment of these assets and agreements related to collateralizing public funds.