Seventeen failures and one voluntary liquidation recorded last year, agency said.
Private share insurer drops fees from last year and the year before.
After the Berlin Wall came down, Congress decided to cash in the peace dividend and began closing military bases. One of the bases that closed was our primary sponsor, McClellan Air Force Base. We decided to convert to a community field of membership
Agency invites credit unions to embed video on their own websites to educate members on NCUSIF deposit protection.
ALEXANDRIA, Va. — The NCUSIF was hit with $147.2 million in insurance losses during the third quarter, the NCUA Board learned at Thursday’s board meeting.
Company says special assessment needed to make up for low investment yields and to fund loss reserves.
The NCUA says it's not developing a contingency plan for helping credit unions that stay deal with any new costs from more departures.
When a credit union member dies, his or her individual retirement account receives separate share insurance coverage in most instances,