Each credit union approved for NCUSIF share insurance must meet high standards of safety and soundness in its operation. Adherence to these standards is determined regularly through credit union examinations by federal and state examiners. If an insured credit union gets into financial difficulties and must be closed, the NCUSIF acts immediately to protect each member’s share account.
How does NCUSIF share insurance protect credit union members against loss? Print
Modified on: Wed, Nov 6, 2019 at 5:17 AM
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