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On June 20, 2013 the NCUA Board approved amendments to the Loan Participation requirements because the NCUA believes that loan participations pose an inherent risk to the National Credit Union Share Insurance Fund (NCUSIF) due to the interconnectedness between participants. The new requirements go into effect on September 20, 2013. CLICK HERE for a complete handout of this presentation and be sure to follow us on Twitter!
Uploaded on Sep 3, 2013
|Tags: credit union, compliance connection, Shawn Wolbert, NCUA, Loan Participation, NCUSIF, Share Insurance Fund, interconnectedness, requirements, Twitter|