12 CFR 713.7 - May the NCUA Board require a federally insured credit union to secure additional insurance coverage?

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Oct 07, 2025

View all text of Part 713 [§ 713.1 - § 713.7]

§ 713.7 - May the NCUA Board require a federally insured credit union to secure additional insurance coverage?

The NCUA Board may require additional coverage when the NCUA Board determines that a federally insured credit union's current coverage is inadequate. The federally insured credit union must purchase this additional coverage within 30 days.

[84 FR 35525, July 24, 2019]