National Credit Union Administration April 6, 2018 – Federal Register Recent Federal Regulation Documents

Requirements for Insurance; National Credit Union Share Insurance Fund Equity Distributions; Correction
Document Number: 2018-07068
Type: Rule
Date: 2018-04-06
Agency: National Credit Union Administration, Agencies and Commissions
On February 23, 2018, the NCUA Board (Board) published 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 that resulted in an incorrect amendatory instruction. This document corrects that error.
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