NCUA Chairman Harper Issues Statement on Final Rule to Simplify Share Insurance Coverage Requirements
September 20, 2024
September 20, 2024
ALEXANDRIA, Virginia, Sept. 20 -- The National Credit Union Administration issued the following statement on Sept. 19, 2024, by Chairman Todd M. Harper on the final rule to simplify share insurance coverage requirements:
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It's a commonsense package of regulatory changes that I fully support.
By establishing a unified "trust accounts" category that treats coverage of funds in revocable trusts and irrevocable trusts deposited at federally insur . . .
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It's a commonsense package of regulatory changes that I fully support.
By establishing a unified "trust accounts" category that treats coverage of funds in revocable trusts and irrevocable trusts deposited at federally insur . . .