National Credit Union Administration September 2, 2010 – Federal Register Recent Federal Regulation Documents

Display of Official Sign; Permanent Increase in Standard Maximum Share Insurance Amount
Document Number: 2010-21864
Type: Rule
Date: 2010-09-02
Agency: National Credit Union Administration, Agencies and Commissions
President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) on July 21, 2010. Section 335 of the Dodd-Frank Act amended the Federal Credit Union Act (FCU Act) to make permanent the standard maximum share insurance amount (SMSIA) of $250,000. NCUA is amending its share insurance and official sign regulations to conform to this statutory change.
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