Temporary Corporate CU Guarantee Program Extended Posted by AVCU on 12:15 PM

Today NCUA announced that it has extended the expiration date of its Temporary Corporate Credit Union Share Guarantee Program (TCCUSGP) from September 30, 2012, to December 31, 2012. With this extension, new investments with maturities of two years or less in participating corporate credit unions made before December 31, 2010, will be fully covered insured. This guarantee is in addition to existing deposits already covered.