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Credit Union Share Insurance Fund Parity Act
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Credit Union Share Insurance Fund Parity Act : ウィキペディア英語版
Credit Union Share Insurance Fund Parity Act

The Credit Union Share Insurance Fund Parity Act () is a bill that would expand federal deposit insurance to include Interest on Lawyer Trust Accounts (IOLTAs) and similar escrow accounts housed within credit unions.〔
The bill was introduced into the United States House of Representatives during the 113th United States Congress.
==Provisions of the bill==
''This summary is based largely on the summary provided by the Congressional Research Service, a public domain source.''〔(【引用サイトリンク】url=http://beta.congress.gov/bill/113th-congress/house-bill/3468 )
The Credit Union Share Insurance Fund Parity Act would amend the Federal Credit Union Act to include in the net amount of share insurance payable to any member at an insured credit union the total amount of the shares or deposits held in the member's account on behalf of another person, after making certain offsets and deductions.〔
The bill would modify National Credit Union Administration (NCUA) Board authority to define the extent of the share insurance coverage provided where a member holds funds for the use of a nonmember. The bill would require coverage for an account established by a member to be consistent with Federal Deposit Insurance Corporation (FDIC) coverage, regardless of the membership status of the owner of the funds deposited in an account established by a credit union member.〔

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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