NCUA Plans Webinar On Plan To Close TCCUSF, Return Some Funds

ALEXANDRIA, Va. — Registration is now open for NCUA’s Aug. 9 webinar discussing the agency’s proposed plan to close the Temporary Corporate Credit Union Stabilization Fund.

Interested parties can register online here. The webinar is scheduled to begin at 2 p.m. ET, and there is no charge to attend.

Attendees will use this same link to log into the webinar, and should allow pop-ups from this website. Once registered, attendees can submit questions in advance at WebinarQuestions@ncua.gov. The email’s subject line should read, “Stabilization Fund plan.”

Larry Fazio, director of Examination and Insurance, and Rendell Jones, chief financial officer, will discuss the agency’s proposal to close the Stabilization Fund and provide credit unions with a distribution in 2018. They also will take questions about the proposed plan. This webinar is not intended to field credit union stakeholder’s comments on the plan. Those should be submitted through the usual agency process.

Details on the NCUA’s proposed plan to close the Stabilization Fund are available online here.

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