NCUA coverage also insures up to $250,000 in total deposits per owner, per insured credit union, per account category. It functions through the National Credit Union Administration (NCUA). January 09, 2019 Add to Calendar 2019-01-09 12:00:00 2019-01-09 12:00:00 Share Insurance Fund Analysis & Forecast Current Forecast During NCUA’s November 2018 Board meeting, agency staff presented third-quarter figures for the Share Insurance Fund (SIF). federally insured by the National Credit Union Administration.” ... • Use of the Official NCUA Share Insurance Logo. The Share Insurance Estimator, NCUA’s interactive site which allows users to input data to compute the amount of Share Insurance Fund coverage available under different account scenarios, and; NCUA’s share insurance publications How Your Accounts Are Federally Insured and Your Insured Funds. Like FDIC insurance, NCUSIF covers up to $250,000 per account holder per institution. The National Credit Union Administration (NCUA) is the independent agency that administers the National Credit Union Share Insurance Fund (NCUSIF). Most people don’t keep more than $250,000 in bank or credit union accounts. An MMA is an account share type, not an account ownership type. IOLTA Accounts: NCUA amended its share insurance rule, effective January 27, 2016, to expand share insurance coverage for IOLTA accounts and other accounts that satisfy the definition of “other similar escrow accounts”. • The Question – When? The NCUA, or National Credit Union Share Insurance Fund, insures accounts at federal credit unions, such as regular shares and share draft accounts. NCUA’s Electronic Share Insurance Calculator (ESIC) Tips for Maximizing FDIC & NCUA Insurance Coverage. NAFCU applauds NCUA for codifying the Credit Union Share Insurance Fund Parity Act (Insurance Parity Act) into Part 745. But if you do, you may find the following advice useful in making sure you have insurance coverage for … The National Credit Union Share Insurance Fund (NCUSIF) is a government-backed insurance fund for credit union deposits. Prior to this new rule, NCUA’s share insurance coverage of … 22 NCUA §740 – Advertising Sign/Statement • Advertisement as defined by NCUA • Advertisement according to NCUA means a … At the following month’s Board meeting, the normal operating level (NOL) for 2018 was set at 1.38 percent. Subpart A - Clarification and Definition of Account Insurance Coverage (§§ 745.0 - 745.14) Subpart B - Payment of Share Insurance and Appeals (§§ 745.200 - 745.202) Appendix to Part 745 - Examples of Insurance Coverage Afforded Accounts in Credit Unions Insured by the National Credit Union Share Insurance … Like the FDIC's Deposit Insurance Fund, the NCUSIF is a federal insurance fund backed by the full faith and credit of the United States government. 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