NCUA Vice Chairman Hauptman Issues Statement on Board Briefing on Share Insurance Fund Quarterly Report
November 17, 2023
November 17, 2023
ALEXANDRIA, Virginia, Nov. 17 -- The National Credit Union Administration issued the following statement on Nov. 16, 2023, by Vice Chairman Kyle S. Hauptman on the board briefing on share insurance fund quarterly report:
* * *
We here at NCUA have observed the strain on the credit union system due to inflation and higher interest rates. Heightened risks related to liquidity and interest rate risks, which are essentially two sides of the same coin, have put increased pre . . .
* * *
We here at NCUA have observed the strain on the credit union system due to inflation and higher interest rates. Heightened risks related to liquidity and interest rate risks, which are essentially two sides of the same coin, have put increased pre . . .