Compliance Blog

Aug 18, 2008

Share Insurance Resources

Last week, NCUA issued Letter to Credit Unions 08-CU-18 on share insurance.  The letter highlights the importance of educating members on share insurance coverage and includes links to NCUA's resources.

Additionally, the letter announced NCUA would be hosting a webinar on share insurance this fall.  Keep an eye out for this webinar as NCUA's webinars have been valuable resources in the past (See the Frequently Asked Questions that were published after Board Member Hyland's presentation on Key Examination Issues for 2008).

Free Tip:  If you view the Frequently Asked Questions linked above you will hopefully do one of three things: 

  1. Save the PDF to your computer;
  2. Bookmark the webpage; OR
  3. Return to NAFCU's blog to find the link to this ever elusive document....

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On July 25, NAFCU produced a free webcast on Share Insurance.  The webcast is archived on NAFCU's website and can be viewed by both NAFCU-members and non-NAFCU members.  Also, The unanswered questions from the webcast have been answered and are also available (15 pages worth of Q&As). 

To view the free archived webcast and other NAFCU share insurance resources, click here (you will need to call NAFCU's Member Service Center to receive a username and password.)

All NAFCU webcasts are archived and available online for 6 months after the live viewing.  Even if you missed the live viewing, you can purchase access to the archived webcasts.  Recently posted, is the archived feed of the NAFCU's webcast on Vender Due Diligence and Third Party Outsourcing with David Reed, the CU Doctor.