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Credit Union Guarantee Program

Date: 
October 16, 2008
Who: 
Policy Area: 
Economic Target: 
Action Type: 

Establishment of Temporary Corporate Credit Union Liquidity Guarantee Program, which guarantees debt obligations for eligible corporate credit unions for up to 100% of their maximum secured debt as of September 30, 2008.

Source: 

Corporate Credit Union Guidance Letter No. 2008-02

Notes: 

NCUA is the National Credit Union Administration.  Fiscal implications unknown.

Deficit impact unknown.

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