The Treasury Department on Monday outlined the questions it plans to probe in a study due to Congress by Sept. 30.
In conjunction with banking regulators, Treasury said it will investigate the 10 largest corporate credit unions. Congress, concerned with the adequacy of corporate credit union supervision, asked Treasury to examine the institutions' investment practices, financial stability, operations, and controls.
Treasury's release also questions the fundamentals of credit union supervision and the industry's system of deposit insurance.
For example, Treasury is asking for comments on whether credit unions should continue to count money paid into the National Credit Union Share Insurance Fund as assets. The public may submit comments to Treasury through Feb. 28.