The National Credit Union Administration has extended the expiration date of the Temporary Corporate Credit Union Share Guarantee Program another quarter, through June 30, 2012.
|The move encourages share deposits in corporates, which are covered under the guarantee if they mature between now and the new expiration date.
|The NCUA Board created TCCUSGP Jan. 28, 2009, as part of its effort to stabilize the corporate credit union system. If the option to extend each quarter is fully utilized, the final guarantee would expire Dec. 31, 2014.
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? Sign In
© 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.
