DIFS Appoints NCUA Conservator of Ukrainian Future Credit Union
Today, the
"The credit union members should be assured that their deposits are protected to the limits prescribed by federal law and they will have continued, uninterrupted access to their funds," said DIFS Director
Background
Upon review, Director McPharlin determined conservatorship of the
"We remain focused on continuing our efforts to provide appropriate regulatory oversight of the insurance and financial services industries, including state-chartered credit unions. We work to ensure that the businesses within these industries are safe, sound, and entitled to the public's confidence," added McPharlin.
More Information
Members and customers of the
Members with questions or concerns about action taken today are asked to call DIFS toll-free hotline at 877-999-6442.
NCUA is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country through the
Credit union members with questions about insurance coverage can find information online here, or they may contact
For more information about DIFS or the services provided, please visit the website at www.michigan.gov/difs, follow them on Twitter or "Like" them on Facebook.
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