For Details, Contact:
External Affairs
email: pacamail@ncua.gov
Fax: (703) 518-6409

Share Insurance 101 Webinar Now Archived on NCUA Website

October 31, 2008, Alexandria, Va. – NCUA Board Member Gigi Hyland today announced that the full Share Insurance 101 Webinar is archived online at www.ncua.gov. The archive includes the actual webinar, the expanded Share Insurance 101 Webinar PowerPoint presentation, as well as the webinar transcript and frequently answered questions (FAQs).

The detailed slides, transcript, and FAQs include essential information on the fundamentals of share insurance that credit unions and members will find beneficial in determining the extent and safety of their credit union deposits.

The direct link to the webinar is: http://w.on24.com/r.htm?e=115475&s=1&k=559CCB906CC94F4857F5371B06456797

The webinar is also available on the following NCUA website locations:

1. 1. On NCUA’s homepage, along the right-hand column in the box titled “Highlights.”
2. 2. In the Share Insurance Tool Kit -- http://ncua.gov/ShareInsurance/Index.htm
3. 3. On Board Member Hyland’s “Presentations” page -- http://www.ncua.gov/NCUABoard/BoardMembers/Hyland/Presentations.htm

“This webinar offers credit unions and consumers the basics of share insurance coverage,” noted Board Member Hyland. “It was designed to respond to current increases in coverage as well as respond to some of the most frequently received questions on account structure. We hope that credit unions will avail themselves of the information so that they can be responsive to member inquires.”

The National Credit Union Administration charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates and manages the National Credit Union Share Insurance Fund, insuring the accounts of nearly 89 million account holders in all federal credit unions and the majority of state-chartered credit unions. NCUA is funded by credit unions, not federal tax dollars.

-NCUA-