NAFCU will oppose the proposed increase in the NCUA’s normaloperating level for the NCUA share insurance fund from 1.3% to1.39%.

And the association is asking the agency to conduct additionalresearch before merging the share insurance fund and the Temporary Corporate Credit Union StabilizationFund.

NAFCU announced its position following a unanimous decision ofits board of directors and two committees.

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.
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.