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" Board shall disapprove the application of any credit union for insurance of its member accounts if it finds that its reserves are inadequate, that its financial condition and policies are unsafe or unsound, that its management is unfit, that insurance... "
Report to the Congress: Examination of Financial Statements of the National ... - Page 7
by United States. General Accounting Office - 1973 - 32 pages
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United States Code

United States - Law - 1973
...that its financial condition and policies are unsafe or unsound, that its management is unfit, that insurance of its member accounts would otherwise involve undue risk to the fund, or that its powers and purposes are inconsistent with the promotion of thrift among its members and the...
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Federal Share Insurance for Credit Unions, Hearings Before the Subcommittee ...

United States. Congress. Senate. Banking and Currency Committee - 1970 - 152 pages
...that its financial condition and policies are unsafe or unsound, that its manage** ment is unfit, that insurance of its member accounts would otherwise involve undue risk to the fund, or that its powers and purposes are inconsistent with the promotion of thrift 5 1 among its members and...
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Federal Share Insurance for Credit Unions: Hearings, Ninety ..., Volumes 22-23

United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Financial Institutions - Banking law - 1970 - 152 pages
...that its financial condition and policies are unsafe or unsound, that its manage^ ment is unfit, that insurance of its member accounts would otherwise involve undue risk to the fund, or that its powers and purposes are inconsistent with the promotion of thrift 5 1 among its members and...
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Credit Union Share Insurance Amendments: Hearing, Ninety ..., Volumes 22-23

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - Banking law - 1971 - 113 pages
...financial condition and policies are unsafe or unsound ; 3) That its management is unfit ; 4) That insurance of its member accounts would otherwise involve undue risk to the fund or ; 5) That its powers and purposes are inconsistent with the promotion of thrift among its members....
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To Provide Provisional Share Insurance for Federal Credit Unions: Hearings ...

United States. Congress. House. Banking and Currency Committee - 1971 - 118 pages
...that its financial condition and policies are unsafe or unsound, that its management is unfit, that insurance of its member accounts would otherwise involve undue risk to the fund, or that its powers and purposes are inconsistent with the promotion of thrift among its members and the...
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Credit Union Share Insurance Amendments, Hearing Before ..., 92-1 on S.2679 ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1971 - 113 pages
...that its financial condition and policies are unsafe or unsound, that its management is unfit, that insurance of its member accounts would otherwise involve undue risk to the Fund, or that its powers and purposes are inconsistent with the promotion of thrift among its members and the...
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To Provide Provisional Share Insurance for Federal Credit Unions: Hearing ...

United States. Congress. House. Committee on Banking and Currency. Subcommittee on Bank Supervision and Insurance - Banks and banking - 1971 - 118 pages
...inadequate, that its management or policies are unsafe or unsound, that its management is unfit, that the insurance of its member accounts would otherwise involve undue risk to the fund with the powers and purposes that are inconsistent to the promotion of thrift among its members," and...
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Examination of Financial Statements of the National Credit Union ...

United States. General Accounting Office - Credit unions - 1970
...exercised. The first 5,097 Federal credit unions were issued insurance certificates on January 4, 1971. Under the law, each Federal credit union must apply...for provident or productive purposes. As of June 30, 1972, 12,011 Federal credit unions and 1,101 State-chartered credit unions had qualified for share...
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Compilation of Basic Banking Laws: Revised Through May 1, 1995, Volume 4

Government Printing Office Staff, United States, United States. Congress. House. Committee on Banking and Financial Services - Banking law - 1995 - 1243 pages
...that its financial condition and policies are ^ unsafe or unsound, that its management is unfit, that insurance of its member accounts would otherwise involve undue risk to the fund, or that its powers and purposes are inconsistent with the promotion of thrift among its members and the...
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Compilation of Basic Banking Laws Within the Jurisdiction of the ..., Volume 4

United States - Banking law - 2001 - 1501 pages
...that its financial condition and policies are unsafe or unsound, that its management is unfit, that insurance of its member accounts would otherwise involve undue risk to the fund, or that its powers and purposes are inconsistent with the promotion of thrift among its members and the...
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