Bankowość i finanse · 29/10/2009

NCUA Adopts New Share Insurance Rules Amid Congressional Extension

The National Credit Union Administration (NCUA) is updating its share insurance regulations to reflect a temporary increase in the standard maximum share insurance amount, now capped at $250,000 until December 31, 2013, and finalize coverage for mortgage servicing accounts and revocable trust accounts, following the issuance of its official sign in October 2008.