GroundRules
12 CFR 741.212: Share insurance.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION
- SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS
- PART 741—REQUIREMENTS FOR INSURANCE
- Subpart B—Regulations Codified Elsewhere in NCUA's Regulations as Applying to Federal Credit Unions That Also Apply to Federally Insured State-Chartered Credit Unions
(a) Member share accounts received by any credit union which is insured pursuant to title II of the Act in its usual course of business, including regular shares, share certificates, and share draft accounts, are insured subject to the limitations and rules in subpart A of part 745 of this chapter.
(b) The payment of share insurance and the appeal process applicable to any credit union which is insured pursuant to title II of the Act are addressed in subpart B of part 745 of this chapter.
Collected 2026-08-27T02:24:16Z. Source file · JSON