Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 1100 - Division of Credit Unions
Chapter 3 - Federal Insurance of Credit Union Member Accounts
Section 20 CSR 1100-3.005 - Insurance of Credit Union Member Accounts
Universal Citation: 20 MO Code of State Regs 1100-3.005
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This rule acknowledges the statutory requirement for federal deposit insurance on all credit union member accounts.
(1) Every credit union shall obtain and maintain deposit insurance from the National Credit Union Share Insurance Fund (NCUSIF).
(2) All applications for insurance are to be submitted to the Division of Credit Unions for review and transmittal to the appropriate insurer.
*Original authority 1939, amended 1945, 1945, 1949, 1959, 1967 and 1972.
Disclaimer: These regulations may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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