During its closed session next Tuesday, the NCUA is planning to consider a proposal to extend its guarantees of natural person credit union deposits in corporate credit unions, NCUA Executive Director David Marquis said today.
Under the plan, the agency would guarantee deposits for an additional two years on a rolling basis. He told reporters on a conference call that doing this would enable corporates to "ladder their investments."
Laddering investments is an approach used to spread out the dates when their investments mature.
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