Advocating For Choice: Private Insurance
Per the Michigan Credit Union Act, all state-charted credit unions are required to use National Credit Union Share Insurance Fund (NCUSIF) as their deposit insurance provider. Julie Gessner argues this lack of choice only hurts members in the end and encourages legislative change.
When It Comes to Changing Insurance, the NCUA Should Be a Simple Vendor, Not a Customs Agent
Why is it that NCUA dictates the rules for switching to private insurance for credit unions that are chartered by their state, not federally? Vic Pantea thinks that should change to give credit unions and their states more autonomy over their insurance choices.
