Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Credit Union Deposit Insurance: Purpose, Management, and Policy Issues (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (5 pages)
add to cart or subscribe for unlimited access
Release Date May 21, 2001
Report Number RS20920
Report Type Report
Authors Pauline Smale, Government and Finance Division
Source Agency Congressional Research Service
Summary:

The 107th Congress has shown an interest in examining various issues surrounding federal deposit insurance. A key concern is maintaining a balance between providing the benefits of deposit insurance and promoting sound management practices at banks, thrifts, and credit unions. Current legislative proposals to raise the $100,000 coverage at banks are of interest to credit unions because any increase in the level of coverage would probably be extended to credit unions.