National Credit Union Administration March 13, 2018 – Federal Register Recent Federal Regulation Documents

Requirements for Insurance; National Credit Union Share Insurance Fund Equity Distributions; Correction
Document Number: 2018-05056
Type: Rule
Date: 2018-03-13
Agency: National Credit Union Administration, Agencies and Commissions
On February 23, 2018, the NCUA Board (Board) issued a final rule adopting amendments to its share insurance requirements rule to provide stakeholders with greater transparency regarding the calculation of each eligible financial institution's pro rata share of a declared equity distribution from the National Credit Union Share Insurance Fund (NCUSIF). A clerical error appeared which confuses what CFR unit is being amended. This document corrects that error.