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NCUA extends share guarantee program three months

The National Credit Union Administration (NCUA) extended the expiration date of its Temporary Corporate Credit Union Share Guarantee Program (TCCUSGP) from March 31, 2012, to June 30, 2012. With this extension, new investments with maturities of two years or less in participating corporate credit unions made before June 30, 2010, will be fully covered by the guarantee program. This is in addition to the existing deposits already covered.


You can read more by clicking here. If any credit union has a question about the share insurance fund or TCCUSGP, contact LSCU Vice President, Regulatory Affairs Bill Berg at 850.576.8171