NCUA Vice Chairman Hauptman Issues Statement on Notice of Proposed Rulemaking on Simplification of Insurance Rules
October 21, 2023
October 21, 2023
ALEXANDRIA, Virginia, Oct. 21 -- The National Credit Union Administration issued the following statement on Oct. 19, 2023, by Vice Chairman Kyle S. Hauptman on the notice of proposed rulemaking on simplification of insurance rules:
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Deposit insurance impacts every federally insured credit union member. As a cooperative fund, the National Credit Union Share Insurance Fund is chiefly made up of the one percent deposit by credit unions. Although deposit insurance was . . .
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Deposit insurance impacts every federally insured credit union member. As a cooperative fund, the National Credit Union Share Insurance Fund is chiefly made up of the one percent deposit by credit unions. Although deposit insurance was . . .