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Display of Official Sign; Permanent Increase in Standard Maximum Share Insurance Amount

NCUA · final-rule · Published 2010-09-02 · Effective 2010-09-02 · 75 FR 53841

Document

Document number: 2010-21864
Federal Register citation: 75 FR 53841
CFR reference: 12 CFR 740
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US National Credit Union Administration
Publication date: 2010-09-02
Effective date: 2010-09-02

Abstract

President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) on July 21, 2010. Section 335 of the Dodd-Frank Act amended the Federal Credit Union Act (FCU Act) to make permanent the standard maximum share insurance amount (SMSIA) of $250,000. NCUA is amending its share insurance and official sign regulations to conform to this statutory change.

Source

Authoritative: Federal Register document
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