Closing TCCUSF, equity distributions on NCUA meeting agenda
The NCUA board is expected to issue a request for comments on the future of the Temporary Corporate Credit Union Stabilization Fund at Thursday’s open board meeting, among other items on the agenda. The meeting is scheduled to begin at 10 a.m. (ET), and live video will be streamed on NCUA.gov.
According to NCUA , the request for comment will be about closing the stabilization fund and setting the National Credit Union Share Insurance Fund’s (NCUSIF) normal operating level.
CUNA has been closely following the future of the stabilization fund, and issued a white paper earlier this year on decisions NCUA will need to make when winding down the Corporate Resolution Program.
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