Search
 

NCUA Releases Updated Insurance Brochure

ALEXANDRIA, Va. - NCUA is getting the word out to credit unions that it has updated the Your Insured Funds brochure. The Federal Deposit Insurance Reform Act and conforming amendments changed deposit insurance coverage levels. Certain retirement accounts, including Individual Retirement Accounts and Keoghs, now have federal deposit insurance coverage...

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ALEXANDRIA, Va. – NCUA is getting the word out to credit unions that it has updated the Your Insured Funds brochure. The Federal Deposit Insurance Reform Act and conforming amendments changed deposit insurance coverage levels. Certain retirement accounts, including Individual Retirement Accounts and Keoghs, now have federal deposit insurance coverage up to $250,000. Additionally, the law permits the FDIC and NCUA to set a Standard Maximum Share Insurance Amount beginning in 2011, which the updated brochure explains. Due to high demand hard copies will not be available for four weeks.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.