ALEXANDRIA, Va. - NCUA Chairman JoAnn Johnson and National Association of State Credit Union Supervisors Chairman Linda Jekel signed a Document of Cooperation, symbolizing federal and state regulators' continued commitment to cooperatively ensure the safety and soundness of federally insured, state-chartered CUs.
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The Document of Cooperation is the formal agreement between NASCUS, on behalf of state regulatory agencies, and NCUA, as the federal regulator and administrator of the National Credit Union Share Insurance Fund. NCUA and NASCUS collaborated on revisions to the Document of Cooperation, last signed in 1998. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com