NCUA covers corporate CU concerns in letter, webinar

ALEXANDRIA, Va. (6/24/09)--In the "first of many communications" with stakeholders, the National Credit Union Administration (NCUA) in a letter published on Tuesday outlined the "benefits and requirements" of its recently enacted corporate credit union stabilization fund.

The letter also described "the actions taken to implement the legislation" and summarized how those actions will affect the National Credit Union Share Insurance Fund capitalization deposit and future premium assessments.

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courtesy of cuna.org