Thursday, May 25, 2017

Another Ohio CU Defects from Federal Share Insurance

The National Credit Union Administration approved on March 27 the request of GenFed Financial Credit Union (Akron, OH) to switch from federal share (deposit) insurance to private share insurance.

Earlier this year, Day-Met (Dayton, OH) converted from federal share insurance to private share insurance.

Going forward, GenFed Financial Credit Union will be insured by American Share Insurance.

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