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NCUA Chairman Harper Issues Statement on Proposed Rule to Simplify Share Insurance Requirements
October 21, 2023
ALEXANDRIA, Virginia, Oct. 21 -- The National Credit Union Administration issued the following statement on Oct. 19, 2023, by Chairman Todd M. Harper on the proposed rule to simplify share insurance requirements:

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This interaction and consultation across many NCUA organizational silos has produced a better proposed rule.

Deposit insurance at federally insured credit unions and banks is the cornerstone that secures the foundation of our nation's vibrant . . .

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