NCUA definition

NCUA means the National Credit Union Administration.

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NCUA means the National Credit Union Association.

NCUA. The National Credit Union Administration, or any successor thereto.

Examples of NCUA in a sentence

• The Investor and the Credit Union hereby agree that the Letter Agreement shall constitute a “secondary capital account contract agreement” as contemplated by Section 701.34(b)(10) of the NCUA Regulations.

• The Investor and the Credit Union hereby agree that the funds received by the Credit Union in connection with the Purchase shall be deposited into an account (the “Secondary Capital Account”) and that the Secondary Capital Account, together with the Senior Subordinated Securities, shall constitute a “secondary capital account” for purposes of the NCUA Regulations.

• Under certain net worth classifications (see 12 CFR 702.204(b)(11), 702.304(b) and 702.305(b), as the case may be), the NCUA Board may prohibit [name of Credit Union] from paying principal, dividends or interest on its uninsured secondary capital accounts established after August 7, 2000, except that unpaid dividends or interest will continue to accrue under the terms of the account to the extent permitted by law.

• This arrangement and process will not affect your Available Balance in your Checking Account, the interest you may earn, NCUA insurance protection, your monthly statement, or any other features of your Checking Account.

• The National Credit Union Share Insurance Fund (NCUSIF) of the National Credit Union Administration (NCUA) insures member deposits up to $250,000 (and potentially more, through different account ownerships).

More Definitions of NCUA

NCUA means the National Credit Union Administration, an independent agency of the U.S. government.

NCUA means the National Credit Union Administration or any successor federal credit union regulatory agency.

NCUA means National Credit Union Administration.

NCUA means the National Credit Union Adminis- tration.

NCUA means the National Credit Union Administra- tion.

NCUA. The National Credit Union Administration NCUSIF: The National Credit Union Share Insurance Fund OCC: Office of the Comptroller of the Currency, its successors and assigns.

NCUA means, collectively, the National Credit Union Administration Board (the “NCUA Board”), as Liquidating Agent of U.S. Central Federal Credit Union (“U.S Central”), Western Corporate Federal Credit Union (“Western”), Southwest Corporate Federal Credit Union (“Southwest”), Members United Corporate Federal Credit Union (“Members”) and Constitution Corporate Federal Credit Union (“Constitution”), and all other credit unions for which the NCUA Board served as liquidating agent between March 4, 2005 and the date hereof (collectively, the “Failed Credit Unions”);