In an unusual session scheduled for last Friday, the NCUA Board was slated to hear a report on the financial health of the NCUSIF.
Since the meeting was held after Credit Union Times went to press, the results will be available at www.cutimes.com.
The insurance fund has been hurt in recent months by the increased rate of liquidations and assisted mergers. During the height of the recession, then-NCUA Chairman Michael Fryzel began the practice of monthly reports on the NCUSIF.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
