The NCUA Board plans to vote whether to finalize rules about how credit unions must display signs indicating they have insurance coverage at its meeting next Thursday.

NCUA is proposing giving federally insured credit unions three options for displaying signs conveying insurance coverage information: Display the existing sign but convey information to members about the coverage changes elsewhere; display a version of the sign showing increased coverage; or physically alter the existing sign with a sticker to reflect the $250,000 coverage level.

The changes are needed because last October Congress passed a temporary increase in insurance coverage from $100,000 to $250,000 through the end of 2009. Congressional leaders have said Congress will probably make the change permanent sometime this year.

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