Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The NCUA’s recently announced corporate resolution plan was designed to have minimal effects on the critical functions the corporates provide to their members. However, investment options with corporate credit unions have been significantly impacted by the plan. As part of the corporate resolution, the conserved corporates were barred from issuing certificates longer than six months. The surviving corporates have been affected too with most limiting their term offerings and others lowering the rates they are able to pay on share certificates.

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 © 2019 ALM Media Properties, LLC. All Rights Reserved.