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 Corporate Resolution Form California 1998-2025

Corporate Resolution California 1998-2025 Form

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NCUA SEGMENT FOUR >>>DEBBIR MATZ: I am Debbie Matz, Chairman of the Board of the National Credit Union Administration. Welcome to the fourth and final segment in NCUA series on the crisis in the corporate credit union system. I hope that the first three presentations have helped you gain a better understanding of the background of corporate credit unions, the evolution of the financial crisis that has afflicted the corporates and the actions NCUA has taken to stabilize the system. As we issue this fourth and final segment, I am pleased to say that we have implemented a decisive plan to strengthen the nation's credit union system. The plan we developed directly addresses the disposition of the legacy assets held by some of the largest corporate credit unions. This plan has been developed in close consultation with the US Department of the Treasury and the Federal Reserve. It builds on the measures that NCUA put in place last year when we developed the Tempor

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