Wednesday, October 8, 2008

Due to recently passed laws and legislation, the Share Insurance & Security of Funds Webcast is no longer available as some information may be outdated and/or inaccurate.

If you are a NAFCU member and have questions please call NAFCU Regulatory Compliance at
1-877-623-2887 or email compliance@nafcu.org.

Additionally, you can access NCUA's Share Insurance Tool Kit here and find resources to help keep your credit union and members up-to-date on the changing financial insurance environment.

Share Insurance & Security of Funds

The abrupt closure of IndyMac Bankcorp this past weekend has many consumers concerned about the safety of their funds and the extent of federal deposit insurance coverage. NAFCU’s compliance attorneys have received an influx of calls from members looking for answers to commonly asked questions regarding share insurance and security of funds.

NAFCU Webcast

Share Insurance Fund Fundamentals
Originally Aired on Friday, July 25, 2008 

**FREE Archived Version** - No Longer Available.

August 2008 Regulatory Compliance Newsletter

Share Insurance Resources

Share Insurance Resources:

• NCUA’s Share Insurance Web page: www.ncua.gov/ShareInsurance/Index.htm
  
  

• NCUA’s Share Insurance Estimator: http://webapps.ncua.gov/ins/
  
  
• NAFCU’s Share Insurance Statement Inserts: www.nafcu.org/inserts
   
• Statement from NCUA Chairman JoAnn Johnson that shows that the credit union share insurance system is in good shape: http://www.ncua.gov/news/press_releases/2008/MR08-0714.htm
  
  
• NAFCU Today article that also communicates the sound nature of the
  current NCUA insurance system: www.nafcu.org/nafcutoday/NCUAnotescreditunionsoundness

If you have any questions, please feel free to contact NAFCU’s Senior Compliance Counsel and Director of Regulatory Compliance, Anthony Demangone, at 800-336-4644 or ademangone@nafcu.org.

To order NAFCU Share Insurance statement inserts now, download the order form.