NCUA is committed to ensure that the corporate credit union crisis does not cause disruptions to member natural person credit unions or consumer services.
The steps NCUA has taken to-date, including establishing the Temporary Corporate Credit Union Share Guarantee program, the Temporary Corporate Credit Union Liquidity Guarantee program, and the Temporary Corporate Credit Union Stabilization Fund, averted a system-wide crisis that could have seriously undermined the stability of the entire credit union system. The stabilization plan has also successfully maintained critical corporate credit union services.
In the table below, click on the links to read an explanation of conditions that led to stabilization actions in the corporate credit union system and the details of those actions.
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